Financials
Zee registers 16% net growth in PAT for FY 2002
Subhash Chandra’s Zee Telefilms today announced a revenue growth of 10 per cent, EBITDA growth of 30 per cent and profit after tax growth of 16 per cent for the year ending March 2002.
Zee has reported consolidated net profit of Rs 599.1 million for the fourth quarter ended 31 March, 2002 compared to Rs 307.8 million in the corresponding quarter a year ago. Total income during the January-March quarter rose to Rs 3.24 billion from Rs 3.19 billion in the same quarter a year earlier.
On a standalone basis, the company’s net profit during the three months to 31 March 2002 was Rs 211.30 million compared to Rs 472.90 million in the corresponding quarter last year. Total income during the reporting quarter was Rs 1.26 billion as against Rs 1.36 billion in the corresponding quarter a year earlier.
For the fiscal year ended 31 March, 2002, the company has posted a net profit of Rs 1.04 billion compared to Rs 1.38 billion in the fiscal year ended 31 March, 2001. Total income for the fiscal year 2001/02 was Rs 4.70 billion as against Rs 4.35 billion in 2001.
Zee declared consolidated revenues of Rs 11.409 billion, 10 per cent over FY2001. The increase in revenues it ascribed largely to subscription revenues, which recorded a sharp jump of 65 per cent to Rs 3.369 billion.
AD REVENUES: On the ad revenue front, Zee declared a decline of 7 per cent to Rs 6.402 billion. It’s still far better than what one may have assumed would be the case considering that Zee’s ad revenues are still facing a hard time as its programming, some of which has been appreciated as being of high quality has still to make a major mark on the ratings charts. Referring to its efforts to refurbish the content side of its operations, Zee said that during the quarter, the overall programming cost of the network went up due to write-offs on old inventory.
PAY REVENUES: Zee went pay last year. Zee TV and Zee News, two of the leading channels of the networkwent pay in June 2001. The Joint venture with Turner also became operational during the quarter. As a result, the domestic pay revenues of the network increased to Rs 359 million during the quarter.
The investments in regional pay channels under brand “Alpha” is an important strategic building block for the network, since regional language channels will be a significant growth area in the future, targeting a new, yet complimentary market segment that is currently not being addressed by other major broadcasters, the company says.
MUMBAI: It’s time to brief the markets: Page Industries is showing that even when regulations tighten, it can still keep its footing in the innerwear business. The Bengaluru-based apparel major has reported its financials for the quarter ended 31 December 2025, delivering a performance that remains steady and well put together.
The company’s top line showed plenty of elasticity this quarter. Revenue from operations stretched to Rs 1,38,675.71 lakhs, a healthy jump from the Rs 1,29,085.82 lakhs reported in the preceding quarter. Compared to the same period last year, which stood at Rs 1,31,305.10 lakhs, it’s clear the brand’s grip on the market isn’t loosening. Total income for the quarter, including other finance gains, reached a comfortable Rs 1,39,919.03 lakhs.
However, it wasn’t all smooth silk. The Government of India’s new unified Labour Codes, covering everything from wages to social security, officially kicked in on 21 November 2025. This regulatory shift forced Page Industries to account for a one-time “exceptional item” cost of Rs 3,500.42 lakhs to cover incremental employee benefits and related obligations. Despite this Rs 35-crore legislative snag, the underlying business remained robust. Profit before tax stood at Rs 25,625.35 lakhs after the exceptional hit, and without that one-off cost, the figure would have been a more muscular Rs 29,125.77 lakhs. Net profit for the quarter came in at Rs 18,953.64 lakhs.
Total expenses rose to Rs 1,10,793.26 lakhs, driven largely by raw material consumption of Rs 30,162.65 lakhs and employee benefits of Rs 23,310.66 lakhs. Even so, the company’s operational strength ensured the bottom line remained firmly stitched together.
For shareholders, the news is particularly “fitting.” The Board has declared a third interim dividend for 2025-26 of Rs 125 per equity share. The record date has been set for 11 February 2026, with the payment scheduled on or before 6 March 2026. This follows two previous interim dividends of Rs 150 and Rs 125 declared earlier in the financial year, reinforcing the company’s commitment to sharing the spoils of its success.
Looking at the nine-month stretch ending December 2025, Page Industries has amassed total income of Rs 4,04,090.59 lakhs, with total comprehensive income of Rs 58,231.49 lakhs. While the basic earnings per share for the quarter dipped slightly to Rs 169.93, compared to Rs 183.48 in the same quarter last year, the year-to-date EPS remains a solid Rs 524.57.
Auditors at S.R. Batliboi & Associates LLP have given the results a “limited review” thumbs up, reporting no material misstatements. It seems that, as far as Page Industries is concerned, the business remains as well-constructed as its famous Jockey briefs.
