ZEE Entertainment Enterprises' consolidated net profit for the second quarter (July-September) of FY 2024-25 increased by 61% year-on-year (YoY) to ₹209 crore. The company had made a profit of ₹129 crore in the same quarter a year ago.
ZEE has released its second quarter results today on October 18. ZEE Entertainment's consolidated revenue from operations declined by 17.93% year-on-year.
Revenue in the second quarter stood at ₹2,000 crore
Revenue stood at ₹2,000 crore in Q2FY25. Revenue in the same quarter a year ago i.e. second quarter of FY24 was ₹2,437 crore.
ZEE shares rose 3.77% today
Shares of ZEE Entertainment Enterprises closed 3.77% higher at ₹130.50 today. The company's shares have declined by 49.17% in the last one year. The stock has fallen 9.88% in the last 6 months. The market cap of the company is Rs 12.72 thousand crore.
What is standalone and consolidated?
The results of companies come in two parts – standalone and consolidated. Standalone shows the financial performance of only one unit. Whereas, in the consolidated financial report, the entire company is reported.
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