rahul1117kumar
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ZEEL has reported a strong revenue growth in a difficult year that has seen slow down due to the impact of Demonetization that badly affected the Media and Entertainment.
The Company reported consolidated revenue of Rs 15,280 million for the fourth quarter of fiscal 2017. Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) were at Rs 4,687 million. PAT for the quarter was Rs 15,142 million, which includes exceptional gain of Rs 12,234 million on account of sale of sports business. EBITDA margin for the quarter stood at 30.7%.
FY2017 HIGHLIGHTS:
Advertising revenue for FY17 was Rs 36,735 million, recording a growth of 9.2% over FY16.
Subscription revenue for FY17 was Rs 22,629 million, growth of 10.0% over FY16. Domestic subscription revenue grew by 11.2% to Rs 18,226 million. On a comparable basis, adjusted for sale of sports, the domestic subscription growth was 13.5%. International subscription revenue grew by 3.0% to Rs 4,403 million.
Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) for FY17 stood at Rs 19,269 million registering a growth of 27.3% over FY16. EBITDA margin stood at 29.9%.
Zee’s FY’17 revenues show strong growth in a difficult year
The Company reported consolidated revenue of Rs 15,280 million for the fourth quarter of fiscal 2017. Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) were at Rs 4,687 million. PAT for the quarter was Rs 15,142 million, which includes exceptional gain of Rs 12,234 million on account of sale of sports business. EBITDA margin for the quarter stood at 30.7%.
FY2017 HIGHLIGHTS:
Advertising revenue for FY17 was Rs 36,735 million, recording a growth of 9.2% over FY16.
Subscription revenue for FY17 was Rs 22,629 million, growth of 10.0% over FY16. Domestic subscription revenue grew by 11.2% to Rs 18,226 million. On a comparable basis, adjusted for sale of sports, the domestic subscription growth was 13.5%. International subscription revenue grew by 3.0% to Rs 4,403 million.
Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) for FY17 stood at Rs 19,269 million registering a growth of 27.3% over FY16. EBITDA margin stood at 29.9%.
Zee’s FY’17 revenues show strong growth in a difficult year
