Home Entertainment Zee Entertainment in focus ahead of Q4FY20 results: ET Now Poll

Zee Entertainment in focus ahead of Q4FY20 results: ET Now Poll

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Zee Entertainment in focus ahead of Q4FY20 results: ET Now Poll

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Zee Entertainment will be in focus on the back of earnings. The company has not declared Q420 results yet and will be delivering Q4FY20 numbers. 

The ET NOW poll expects profits to come in lower by 43% to Rs. 247 cr and sales to drop to Rs. 1280 cr down 36% on a yearly basis ET NOW poll expects a ~45% YoY decline in ad revenue due to cut in ad spends across sectors on adverse macros and COVID 19 impact; despite improved viewership. 

EBITDA is seen falling 48% to Rs. 345 cr due to negative operating leverage despite savings in content cost and other expected cost-saving initiatives.



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