Sarkaritel.com News and
Zee News FY'09 net up 20%
at Rs 44 cr
New Delhi, June 19, 2009
Media house Zee News on Thursday reported a growth of over
20 per cent in its consolidated net profit during the
financial year ended March 31 to Rs 44.56 crore.
The company had a consolidated net profit of Rs 37.07 crore
during 2007-08, Zee News said in a filing to the Bombay Stock
The media house, which runs the news channel Zee News has
declared dividend of Rs 0.40 per share to its shareholders for
the financial year 2008-09.
On a standalone basis, the media house posted a net profit of
Rs 44.56 crore during the latest fiscal, up 19.46 per cent as
compared to Rs 37.30 crore of FY'08.
"While the economy was facing one of its worst time in recent
history, we not only bucked the trend but registered
significant growth in our top-line," Zee News MD Laxmi Narain
Shares of Zee News closed at Rs 39.20, down 4 per cent on the