Zee Home entertainment has actually taped a big dive in its September quarter net profitZee Home entertainment Business experienced an astonishing 187 percent increase in its combined net earnings for the September quarter of the present fiscal, as it stood at Rs 270 crore compared to Rs 94 crore earnings which it had actually registered during the corresponding duration of last year.Zee's income increased 15 percent to Rs 1,979 crore in the September quarter of the current financial as versus Rs 1,723 crore tape-recorded in the matching duration of last year.
Domestic ad profits grew both on year on year basis and quarter on quarter basis by 20.1 percent and 18.9 per cent respectively.
While profits grew, but 2nd quarter continued to be partly impacted by Covid in very first half of the quarter, the company stated in a stock market filing.Subscription profits in September quarter of the existing fiscal fell slightly by 1.5 percent on year on year basis.