Zee Entertainment Enterprises - Result Flash - Ventura

Key Takeaways

- Zee Entertainment Enterprises Ltd reported a decline in revenue by 3% at Rs.843 crore in Q1FY13 v/s market expectations of a decrease of 5% at Rs.826 crore QoQ.

- EBITDA is Rs.233.3 crore in Q1 FY13 v/s market expectations of Rs. 202 crore QoQ.

- The company posted a net profit of Rs.158 crore v/s market expectations of Rs.162 crore QoQ.

- PAT margins increased by 10 bps from 18.6% in Q1 FY12 to 18.7% in Q1 FY13

Outlook: Results in line with market expectations.

Source : Equity Bulls

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