Home Entertainment Zee Entertainment’s Q1 revenue set to slide | ET Now Poll | 18 Aug

Zee Entertainment’s Q1 revenue set to slide | ET Now Poll | 18 Aug

0
Zee Entertainment’s Q1 revenue set to slide | ET Now Poll | 18 Aug

[ad_1]

Zee Entertainment’s Q1 number to be declared today. Profit is seen slumping by 55% to 236 crore rupees. Its top-line growth is expected to come at 1,265 crores. 

The advertising revenue is expected to see a sharp decline this time around because despite viewership that has been witnessed at the ads spenders which have persistently in the Lockdown. Expected decline to be 45% in advertising revenue. 

EBITDA  has seen 366 crores down, 45% and the margins are seen coming in at 29% vs 33% due to the negative operating leverage in a sharp decline in operational revenues. Tune in for more details.



[ad_2]

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here