Zee Entertainment Enterprises Ltd. reported audited consolidated and standalone earnings results for the fourth quarter and year ended March 31, 2013. For the quarter, on consolidated basis, the company reported total income from operations of INR 9,642.9 million against INR 8,690.6 million a year ago. Profit from operations before other income and finance cost was INR 2,308.0 million against INR 1,518.7 million a year ago. Profit before tax was INR 2,817.8 million against INR 2,247.4 million a year ago. Net profit for the period was INR 1,803.5 million against INR 1,629.7 million a year ago. Diluted earnings per share were INR 1.87 against basic and diluted earnings per share of INR 1.55 a year ago. For the year, on consolidated basis, the company reported total income from operations of INR 36,995.7 million against INR 30,405.6 million a year ago. Profit from operations before other income and finance cost was INR 9,143.9 million against INR 7,072.9 million a year ago. Profit before tax was INR 10,519.3 million against INR 8,407.1 million a year ago. Net profit for the period was INR 7,181.5 million against INR 5,907.1 million a year ago. Diluted earnings per share were INR 7.51 against basic and diluted earnings per share of INR 6.08 a year ago. For the quarter, on standalone basis, the company reported net sales of INR 6,866.8 million against INR 5,694.4 million a year ago. Profit from operations before other income and finance cost was INR 2,528.4 million against INR 1,549.2 million a year ago. Profit before tax was INR 2,811.7 million against INR 2,044.7 million a year ago. Net profit for the period was INR 1,837.2 million against INR 1,345.3 million a year ago. Basic and diluted earnings per share were INR 1.92 against INR 1.39 a year ago. For the year, on standalone basis, the company reported net sales of INR 25,658.8 million against INR 22,040.2 million a year ago. Profit from operations before other income and finance cost was INR 8,342.5 million against INR 6,054.1 million a year ago. Profit before tax was INR 9,518.9 million against INR 7,338.3 million a year ago. Net profit for the period was INR 6,406.9 million against INR 4,897.3 million a year ago. Diluted earnings per share were INR 6.69 against basic and diluted earnings per share of INR 5.05 a year ago.

Zee Entertainment Enterprises Ltd. has informed that the Board of Directors of the company at its meeting held on May 22, 2013, has recommended payment of dividend of INR 2.00 per equity share of INR 1 each (equivalent to 200% on the paid up capital), to the equity shareholders for the fiscal 2013.

Zee Entertainment Enterprises Ltd., Q4 2013 Earnings Call, May 22, 2013