BENGALURU (Reuters) – India’s Zee Entertainment Enterprises reported a first-quarter profit on Wednesday, led by growth in its subscriber base and a gradual improvement in advertising revenue.
The broadcaster reported a consolidated net profit of 1.18 billion rupees ($14.1 million) for the quarter ended June 30, compared with a loss of 534.2 million rupees a year ago.
($1 = 83.7000 Indian rupees)
(Reporting by Kashish Tandon and Aleef Jahan in Bengaluru; Editing by Sonia Cheema)
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