Highlights of Zee Entertainment Enterprises Jan-Mar, FY08 earnings

[K.Karthik Raja]

Highlights of Zee Entertainment Enterprises Jan-Mar, FY08 earnings
Tuesday, Apr 15

MUMBAI - Following are the highlights of Zee Entertainment
Enterprises
Ltd's earnings for 2007-08 (Apr-Mar) and Jan-Mar announced today:
.
JAN-MAR
* Profit after tax 1.04 bln rupees, up 49.3% on year.
* Net profit after minority interest 924.3 mln rupees, up 53.1%.
* Analysts estimated Q4 net profit at 963 mln rupees.
* Advertising revenue 2.47 bln rupees, up 33.3% on year.
* Advertising revenue comprised 47% of total revenue.
* Subscription revenue 2.07 bln rupees, up 12%.
* Subscription revenue comprised 39% of total revenue.
* Domestic subscription revenue stood at 987 mln rupees.
* International subscription revenue was 1.1 bln rupees.
* Revenue from direct-to-home services stood at 187.5 mln rupees.
* Revenue from sports, education business was 723 mln rupees.
* Sports business revenue 526.4 mln rupees
* Sports EBITDA 13 mln rupees vs loss of 331.6 mln rupees year ago.
* Programming, operating cost 2.19 bln rupees.
* Selling, other costs 1.36 bln rupees
* Losses from forex derivative transactions stood at 115.6 mln rupees.
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.
FY08 (APR-MAR)
* Profit after tax 3.96 bln rupees, up 62.8%.
* Profit after minority interest 3.72 bln rupees, up 67.3%.
* Total revenue 19.45 bln rupees, up 27.9%.
End
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