Zee Entertainment Q1 net down 6.26 per cent at Rs 210.57 crore

 Zee Entertainment Enterprises LtdBSE -2.03 % ( ZEEL) on Friday reported 6.26 per cent decline in consolidated net profit at Rs 210.57 crore for the first quarter ended June 30, 2014-15, due to fall in other income. 

The company had reported consolidated net profit of Rs 224.64 crore in the same period of the previous fiscal. 

Consolidated total income from operations stood at Rs 1,085.7 crore during the April-June quarter of the current fiscal, up 11.55 per cent compared with Rs 973.25 crore in Q1, 2013-14, Zee EntertainmentBSE -2.03 % said in a BSE filing. 

"Our performance during the quarter reflects the investments that ZEE is making to grow its business and market share... I am confident that we would take advantage of the growth opportunities ahead of us," Zee Entertainment Chairman Subhash Chandra said. 

The company's total consolidated revenue from advertising grew by 17.36 per cent to Rs 622.1 crore while revenue from from subscription increased by 4.40 per cent to Rs 442.77 crore.