Financials
ZMCL q-o-q PAT up 53 per cent for Q3-2014
BENGALURU: Zee Media Corporation Limited (ZMCL), the erstwhile Zee News Limited, reported a 53.36 per cent growth in PAT for Q3-2014 at Rs 5.92 crore as compared to the Rs 3.86 crore for Q2-2014. Operating revenue for Q3-2014 at Rs 91.68 crore was 10.4 per cent more than the Rs 83.02 crore for the immediate trailing quarter.
However, year on year, the company’s Q3-2014 PAT was almost half (52 per cent) the PAT for the corresponding quarter of the last fiscal. ZMCL had reported Operating revenue of Rs 85.84 crore for Q3-2013.
Let us look at the other figures reported by ZMCL
ZMCL has three revenue streams – advertising; subscription; and other sales and services. Advertising revenue for Q3-2014 at Rs 61.39 crore was 16 per cent more than the Rs 52.9 crore for immediate trailing quarter and 3 per cent more than the Rs 59.56 crore for the corresponding quarter of last year.
Subscription revenue rose by 8.4 per cent for Q3-2014 to Rs 27 crore from Rs 24.9 crore for Q2-2014 and 21.6 per cent as compared to the Rs 22.2 crore for Q3-2013.
Revenue from other sales and services for Q3-2014 at Rs 3.29 crore fell by 36.7 per cent from Rs.5.2 crores for Q2-2014 and fell by 19.1 per cent as compared to the Rs 4.07 crore for Q3-2013.
Operating expenditure (Expenditure without depreciation and amortisation) for Q3-2014 at Rs 77.38 crore was 2.4 per cent more than the Rs 75.54 crore for Q2-2014 and 17 per cent more than the Rs 66.17 crore for Q3-2013.
ZMCL spent 5.6 per cent more during Q3-2014 at Rs 15.75 crore towards marketing, distribution and promotional expense as compared to the Rs 14.91 crore for Q2-2014 and 2.9 per cent more than the Rs 15.31 crore for Q3-2013.
Employee benefit expense for Q3-2014 at Rs 26.06 crore was 5.7 per cent more than the Rs 24.66 crore for Q2-2014 and 14.5 per cent higher than the Rs 22.76 crore for Q3-2013.
Depreciation and amortisation expense for Q3-2014 was Rs 3.91 crore, for Q2-2014 Rs 3.52 crore, and for Q3-2013 Rs 2.87 crore.
ZMCL non-executive chairman of the Board Subhash Chandra, said “Even as the global and domestic macro-economic environment poses challenges to growth, the private sector in the country has shown immense resilience to tide over the short term problems of a sluggish economy. With signs of inflation stabilising over the next few months, the growth momentum, especially in the private sector, is likely to pick up. On its part, ZMCL has always stayed ahead in anticipating issues affecting the company performance in the long term. We have moved towards a more integrated approach to the news consumer by taking forward the process of bringing the news television, print and internet together. Our continued expansion in strategic growth markets is another indication of how we are looking to leverage the growing economy.”
ZMCL group CEO, News Cluster Bhaskar Das said, “In order to fulfill our commitment of providing quality content for our regional viewer, we have recently introduced locally produced programming in Zee Marudhara. Additionally, we would be launching Zee Kalinga servicing Odisha market and have rebranded Maurya TV, which we acquired, as Zee Purvaiya. Our new channels launched in the current financial year have had significant growth in viewership with Zee Madhya Pradesh Chhattisgarh becoming number two channel in a few months of its launch and Zee Marudhara increasing its GVTs by over four times in the quarter as opposed to the previous one. New Media growth numbers too have been encouraging with zeenews.com registering an increase of 28.2 per cent in visits.”
ZMCL whole-time director, Alok Agarwal said, “It has been an action packed quarter for us here at ZMCL. We have restaged Zee News channel with refreshed programming and look and feel. The channel now is more contemporary and youth-oriented. The channel, post restaging, has increased its weekly TVTs by about 18 per cent in the last four weeks of the quarter. Our other national channel Zee Business also has performed exceedingly well by developing non-stock market hours viewership and has almost two and a half times viewership of all the English Business news channels put together. Our Network-wide initiative Bharat Bhagya Vidhaata also has had a great response especially from New Age consumers with #BBV reaching 19.9 million.”
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.
