ZEE FY10 Consolidated Earnings Surge 18%
Submitted by Gurpreet Singh on Sat, 09/25/2010 - 08:15
Zee Entertainment Enterprises Limited has registered a growth of 18.09% in its consolidated net profit after tax (PAT) for the year ended March 31, 2010.
The company's consolidated net PAT during the period under review stood at Rs 6,165.60 million as against Rs 5,221.10 million during the same period of the last year.
On consolidated basis, the company's total income fell marginally by 0.55% to Rs 23,217.90 million for the year ended March 31, 2010 as compared to Rs 23,345.30 million for the twelve month period ended March 31, 2009.
ZEE board has given nod for issuing bonus shares in the ratio of 1:1 as on the record date to be declared subsequent to approval of the members.
It has also announced final dividend of Rs 2 a share of Re 1 each, to the stockowners for the fiscal year ended March 2010.
On Friday (Sep 24), the stock of the company closed at Rs 305, down 0.7%, on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 326 and a low of Rs 221 on BSE.
Current EPS & P/E ratio stood at 10.47 and 29.13 respectively.
