Zee Entertainment Q2 net profit up 19% to Rs 188 cr

Written By Unknown on Jumat, 19 Oktober 2012 | 16.02

Zee Entertainment Enterprises ' consolidated net profit rose higher than expected by 18.8% year-on-year to Rs 187.69 crore in the quarter ended September 2012.

Consolidated net sales too increased better than expected 13% to Rs 953.5 crore from Rs 843 crore during the same period.

Analysts on an average had expected a net profit of Rs 161 crore and net sales of Rs 864 crore for the quarter.

The stock, however, fell 1.7 percent to Rs 190.60 on the BSE at 14.23 hours IST.



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