Mumbai – The Board of Directors in a meeting , has approved and taken on record the audited consolidated financial results of Zee Entertainment Enterprises Limited (ZEEL) and its subsidiaries for the quarter and year ended March 31, 2017.
ZEEL reported consolidated revenue of Rs 15,280 million for the fourth quarter of fiscal 2017. Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) was at Rs 4,687 million. PAT for the quarter was Rs 15,142 million which includes exceptional gain of Rs 12,234 million on account of sale of sports business. EBITDA margin for the quarter stood at 30.7%.
In Q4FY17, ZEEL’s non-sports viewership share was 16.1%. While the pay Hindi GEC bouquet maintained its market share, the regional portfolio improved its market share.
Our two Hindi GECs, Zee TV and &tv, had a combined share of 21% amongst the top 7 channels in pay Hindi GEC genre. Zee Anmol, Hindi GEC catering to Free-to-Air (FTA) audience was ranked third in the genre. In pay Hindi movie genre, we continue to retain leadership position through our four channels.
Regional entertainment portfolio once again exhibited a strong performance. Zee Marathi maintained its market share at the No.1 position in the Mah/Goa market. Zee Bangla was the second most watched channel in West Bengal. In Telugu market, Zee Telugu was the second ranked channel. Zee Kannada strengthened its position as the second ranked channel in Karnataka. Zee Tamil was the second ranked channel in the Tamil market. Sarthak TV continues to dominate the Oriya market. Our English cluster continues to perform well bringing the best entertainment content and movies from around the world.