Expenses hit Zee entertainment | business | Hindustan Times
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Expenses hit Zee entertainment

Zee Entertainment Enterprises on Thursday registered a 13% year-on-year drop in consolidated net profit for the April-June quarter at Rs 130 crore on the back of an increase in total expenditure.

business Updated: Jul 21, 2011 21:14 IST
HT Correspondent

Zee Entertainment Enterprises on Thursday registered a 13% year-on-year drop in consolidated net profit for the April-June quarter at Rs 130 crore on the back of an increase in total expenditure.

Total expenditure, including programming and operating costs, staff, selling, administrative and other expenses and depreciation, surged 11% to Rs 551 crore during the quarter.