Zee quarterly net jumps 34

Zee Entertainment on Tuesday announced a net profit of Rs 79.46 crore for the fourth quarter ended March 31, 2008, a 34.18 per cent growth over the corresponding period a year ago. The firm had a net profit of Rs 59.22 crore in the fourth quarter last financial year, it said.

The total income shot up 57.62 per cent to Rs 341.34 crore in the latest quarter as compared to Rs 216.56 crore in the corresponding period a year-ago. Meanwhile, the net profit stood at Rs 294.92 crore for the year ended March 31, 2008, a jump of 77.44 per cent over the year-ago period. It had a net profit of Rs 166.21 crore in the same period a year ago. The total income soared 22.69 per cent to Rs 1,139.98 crore for the year ended March 31, 2008 as compared to Rs 929.13 crore in the corresponding year ago period. In late afternoon trade, shares of the company were trading at Rs 230, down 4.07 per cent on the BSE.