Financials
Digitisation has enhanced industry’s transparency levels: Zeel annual report
MUMBAI: In June 2013, Zee Entertainment Enterprises (Zeel) unveiled its new corporate identity ‘Vasudhaiva Kutumbakam’.
It was inspired by ‘The World is my Family’ philosophy with an all-new positioning which creatively integrated and crafted with the brand logo. The annual report of the media and entertainment conglomerate for 2013-14 incorporates its ‘One Zee, One Anthem’ philosophy.
The vibrant and stakeholder-friendly annual report gives an insight into the media house highlighting how its reach and viewership share has grown from strength to strength.
Zee’s evolution as a global media brand is vindicated by its 730+ million viewers across 169 countries. This apart, it also added one more channel, Zindagi, to its list taking the toll to 33 for its domestic channels. Zindagi, launched on 23 June, showcases content from Pakistan and has the tagline ‘Jodey Dilon Ko’. It also launched another brand ‘&’.
With the strategy to offer specific content to relevant markets, the powerhouse also added two more international channels to its kitty – Zee Bioskop in Indonesia and Zee Nung in Thailand. It is pushing boundaries forward to realise its vision of being a leading global media powerhouse by the year 2020.
Apart from this, the company also launched Zee Music Company entering into the country’s Rs 960 crore music market.
The three key value drivers for brand Zee are pioneering, prudent and predictability. And these have helped it contribute 26 per cent of the corporate brand to the enterprise value as of 31 March 2014.
In the last five years, Zee’s revenues grew at 15.30 per cent CAGR. The consolidated revenue during FY 2014 grew by 20 per cent y-o-y to Rs 46,024 million.
In a message to shareholders, Zeel chairman Dr Subhash Chandra highlights that even though there is a question mark on India’s domestic growth and there persists a general climate of pessimism, the company’s experience and expertise has helped it grow and overcome roadblocks to unleash their creativity.
“Digitisation has been instrumental in enhancing the industry’s transparency levels. The phase I and II roll out restructured the industry’s standards. With consumers ready to pay for quality content, complete digitisation will entail multiple benefits, such as industry growth, transparency and increased ARPUs for industry players,” he said in the annual report.
54 per cent of revenue is generated through advertisements while 63 per cent of the total distribution expense comes from operational cost.
Zeel MD and CEO Punit Goenka spoke about the future of India’s M&E industry. “Currently valued at Rs 417 billion, it poised to reach Rs 885 billion by 2018 as per the latest KPMG report. Zee will continue to raise the bar in terms of content innovation, operational excellence and global footprint to sustain its industry leadership.”
With the total strength of more than 2200 people at the company, the annual report shares views of other management teams as well as outsiders like Shahrukh Khan, Sam Balsara, Rishi Jaitly among many others.
The 32nd annual general meeting of the company will be held on 18 July at 11 am in Nehru Auditorium in Mumbai.
Annual reports are not just numbers; they are a piece of handiwork through which a company can promote itself, its prospects to its various stakeholders. AICL Communications is in-charge of making Zeel’s report more interactive rather than just plain vanilla.
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.
