Zee News Q4 FY10 Results : Net plummet 88.87%

by khalid on 23/04/2010 · 0 comments

Zee News, the news and current affairs channel, is the oldest channel of Zee News Ltd, founded in 1992. It was the first 24-hour Hindi current affairs and news channel in the country. Zee News Ltd (ZNL) is a part of Essel Group which operates news and regional entertainment channels. The company has posted a significant drop in standalone profit and posted a net profit of Rs 0.94 crores in the Q4 FY10 of the current fiscal (FY10), ended in Mar 2010. The company had recorded a net profit of Rs 8.52 crores in the corresponding quarter Q4 FY09 of the last fiscal (FY09), ended in Mar 2009. This is a huge decrease of 88.87%.

The company informed the market(BSE) that the net sales too decreased by 59.55% to Rs 54.45 crores in Q4 FY10 when compared with the same quarter Q4 FY09 of previous year. Net sales was Rs 134.63 crores in last year’s same quarter.

Share’s Data :-
BSE Code : 532794
ISIN Demat : INE966H01019
Market Cap : Rs 417 Crores
P/E Ratio: 9.54
EPS (Rs): 1.87 in Mar 2090
Face Value : Rs 2
Last Dividend : 40% in Jun 2009
52 Week H/L : Rs 20.85 / 14.60
Zee News Ltd. share’s CMP is Rs 17.40 on 22nd Apr 2010.

Related Posts Plugin for WordPress, Blogger...

Leave a Comment

Previous post:

Next post: