Zee Media Corporation swung to a loss for the quarter ended September 2014. During the quarter, the company reported a loss of Rs 115.32 million compared with a profit of Rs 38.65 million in the same quarter previous year.
Net sales for the quarter surged 57.94% to Rs 1,311.18 million, compared with Rs 830 million for the prior year period.
Earnings per share stood negative at Rs 0.37 compared with Rs 0.16 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 1,311.18 | 830.20 | 57.94 |
| Net Profit | (115.32) | 38.65 | - |
| Basic EPS | (0.37) | 0.16 | - |
Shares of the company gained Rs 0.95, or 5.67%, to settle at Rs 17.70. The total volume of shares traded was 421,254 at the BSE (Monday).
