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ZEE MEDIA CORPORATION LIMITED

CIN-L92100MH1999PLC121506
Regd. Office: 135, Continental Building, Dr. A. B. Road, Worli, Mumbai - 400 018. www.zeenews.india.com

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2015

PART - I : Statement of Unaudited Financial Results for the Quarter Ended June 30, 2015
(` in Lacs)
NOTES :
Standalone Consolidated
Year Year 1. Segmental information, as per Accounting Standard 17, has been presented on the
Quarter ended Quarter ended
Sr. ended ended
Particulars basis of consolidated financial results with the main segments being Television
No. June 30, March 31, June 30, March 31, June 30, March 31, June 30, March 31,
2015 2015 2014 2015 2015 2015 2014 2015 Broadcasting Business and Print Business.
Audited Audited
Unaudited (Refer Note 5) Unaudited Audited Unaudited (Refer Note 5) Unaudited Audited 2. Other Income includes dividend received from subsidiary for the quarter ended March
1 Income from Operations 31, 2015 ` 360 lacs, June 30, 2014 ` 240 lacs and year ended March 31, 2015 ` 600
Net Sales/ Income from Operations 9,735.2 9,969.6 9,351.1 38,022.6 13,457.8 13,878.3 13,276.9 54,046.8
Other Operating Income - - - - 67.9 109.7 69.1 386.5 lacs.
Total Income from Operations 9,735.2 9,969.6 9,351.1 38,022.6 13,525.7 13,988.0 13,346.0 54,433.3 3. During the quarter under review the Company had allotted 108,643,732 Rights Equity
2 Expenses
Cost of Raw Material consumed - - - - 1,090.4 1,224.6 1,396.1 5,256.7 Shares of ` 1 each at a price of ` 18 per share (including premium of ` 17 per share),
(Increase) / Decrease in Inventories - - - - (2.0) 0.5 (5.7) - resulting in increase in Paid-up Share Capital of the Company to ` 470,789,505
Operational Cost 1,777.3 2,675.6 2,381.5 9,141.3 2,079.0 2,794.3 2,775.4 10,470.2
Employee Benefits Expense 3,109.0 3,021.2 2,564.7 11,128.5 4,210.9 3,933.7 3,995.4 16,065.8 comprising of 470,789,505 Equity Shares of ` 1 each. In view of this EPS for the
Depreciation/Amortisation Expense 705.8 710.0 759.6 2,856.5 1,252.1 1,301.4 1,242.9 5,048.6
quarter ended June 30, 2015 is not comparable to previous periods.
Marketing, Distribution and Business Promotion Expenses 1,609.1 1,429.2 1,714.2 6,344.5 2,164.6 1,666.0 2,467.2 7,852.1
Other Expenses 1,923.2 1,754.6 1,833.3 7,339.2 2,506.2 2,829.4 2,508.3 10,749.1 4. Details of utilisation of proceeds of Rights Issue during the quarter ended June 30,
Total Expenses 9,124.4 9,590.6 9,253.3 36,810.0 13,301.2 13,749.9 14,379.6 55,442.5 2015 is as under:
3 Profit/(Loss)from Operations before Other Income, (` in Lacs)
Finance Cost and Taxes (1-2) 610.8 379.0 97.8 1,212.6 224.5 238.1 (1,033.6) (1,009.2)
4 Other Income (Refer Note 2) 259.1 539.9 338.7 1,148.5 154.0 458.7 88.9 721.4 Proposed Utilised Unutilised
utilisation as at Amount
5 Profit/(Loss) before Finance Cost and Details of Utilisation as per June 30,
Taxes (3 + 4) 869.9 918.9 436.5 2,361.1 378.5 696.8 (944.7) (287.8) Letter of 2015
6 Finance Cost 332.8 325.1 332.2 1,313.2 1,300.0 1,403.6 1,266.7 5,262.8 Offer
7 Profit/(Loss) before Taxes (5 - 6) 537.1 593.8 104.3 1,047.9 (921.5) (706.8) (2,211.4) (5,550.6)
Purchase of equipment and accessories 4,505.2 - 4,505.2
8 Tax Expense 185.2 307.7 (3.3) 431.4 (302.6) (75.1) (753.6) (1,235.4)
Repayment / prepayment of loans of the Company 4,499.5 4,499.5 -
9 Net Profit for the period (7 - 8) 351.9 286.1 107.6 616.5 (618.9) (631.7) (1,457.8) (4,315.2)
Funding subsidiary(ies) for prepayment / repayment of loans 6,000.0 6,000.0 -
10 Add : Share of Profit/(Loss) of Associate - - - - - - - -
11 Minority Interest - - - - 91.1 86.1 104.0 349.9 General Corporate Purposes including issue expenses 4,551.2 4,304.9 246.3

12 Net Profit for the period after Taxes and Total 19,555.9 14,804.4 4,751.5
Minority Interest from Continuing operations (9+10-11) 351.9 286.1 107.6 616.5 (710.0) (717.8) (1,561.8) (4,665.1)
13 Profit/(Loss) before tax from Discontinuing operations - - - - - - (190.5) - The unutilised amount has been temporarily deployed in fixed deposits / current
14 Tax Expense on Discontinuing operations - - - - - - - -
15 Net Profit/(Loss) after tax from account with bank.
Discountinuing operations (13-14) - - - - - - (190.5) -
5. Figures for the quarter ended March 31, 2015 are the balancing figures between the
16 Profit/(Loss) after tax for the period (12+15) 351.9 286.1 107.6 616.5 (710.0) (717.8) (1,752.3) (4,665.1)
17 Paid up Equity Share Capital of ` 1/- each 4,707.9 3,621.5 3,621.5 3,621.5 4,707.9 3,621.5 3,621.5 3,621.5 audited figures in respect of the full financial year and published year to date figures
18 Reserves (excluding revaluation reserve) - - - 36,767.8 - - - 32,453.7
19 EPS - Basic and Diluted 0.08 0.07 0.03 0.17 (0.16) (0.20) (0.43) (1.29) upto third quarter of the relevent financial year.
(not annualised) (Refer Note 3) 6. The above results were reviewed by the Audit Committee in its meeting held on
PART - II : Select Information for the Quarter Ended June 30, 2015 August 6, 2015 and thereafter approved by the Board of Directors in its meeting held
Year on August 7, 2015.
Quarter ended
Sr. ended
Particulars 7. The Statutory Auditors have carried out a “Limited Review” of the standalone financial
No. June 30, March 31, June 30, March 31,
2015 2015 2014 2015
results for the quarter ended June 30, 2015.
A Particulars of Shareholding
8. Previous period figures are regrouped, rearranged or recast wherever considered
1 Public Shareholding :
- Number of Shares 145,424,431 111,864,946 111,864,946 111,864,946 necessary.
- Percentage of Shareholding 30.89% 30.89% 30.89% 30.89%
2 Promoters and promoter group Shareholding
a) Pledged/Encumbered
Quarter ended
- No. of Shares 149,094,224 124,994,224 39,625,000 124,994,224 Particulars
June 30, 2015
- Percentage of shares (as a % of the total shareholding of promoters and promoter group) 45.82% 49.94% 15.83% 49.94%
- Percentage of shares (as a % of the total share capital of the Company) 31.67% 34.51% 10.94% 34.51% B. Investor Complaints
b) Non-Encumbered - Pending at the beginning of the quarter Nil
- No. of Shares 176,270,850 125,286,603 210,655,827 125,286,603 - Received during the quarter 1
- Percentage of shares (as a % of the total shareholding of promoters and promoter group) 54.18% 50.06% 84.17% 50.06% - Disposed off during the quarter 1
- Percentage of shares (as a % of the total share capital of the Company) 37.44% 34.60% 58.17% 34.60% - Remaining unresolved at the end of the quarter Nil

Segment wise Revenue, Results and Capital Employed (Consolidated) (` in Lacs)


Year
Quarter ended ended For Zee Media Corporation Limited
Sr.
No. Particulars June 30, March 31, June 30, March 31, sd/-
2015 2015 2014 2015
Ashish Kirpal Pandit
Segment wise revenue, results and capital employed : Place : Mumbai
1 Segment revenue : Date : August 7, 2015 Executive Director and CEO
a) Television Broadcasting Business 10,863.5 11,037.0 10,387.3 42,212.7
b) Print Business 2,804.3 2,966.1 2,959.5 12,313.0
Total 13,667.8 14,003.1 13,346.8 54,525.7
c) Add : Other unallocable revenue - - - -
d) Less : Inter segment revenue 142.1 15.1 0.8 92.4
Income from Operations 13,525.7 13,988.0 13,346.0 54,433.3
2 Segment results :
Profit / (loss) before tax and interest from each segment
a) Television Broadcasting Business 970.1 712.3 485.7 2,601.8
b) Print Business (702.6) (189.3) (1,519.3) (3,188.1)
Total 267.5 523.0 (1,033.6) (586.3)
Less :
c) Interest 1,300.0 1,403.5 1,266.7 5,262.8
d) Other unallocable expense (net of unallocable income) (111.0) (173.7) (88.9) (298.5)
Total profit / (loss) before tax (921.5) (706.8) (2,211.4) (5,550.6)
3 Capital Employed (Segment Assets - Segment Liabilities) :
a) Television Broadcasting Business 21,648.5 19,481.3 18,628.9 19,481.3
b) Print Business 75,988.6 50,532.2 91,151.4 50,532.2
Total 97,637.1 70,013.5 1,09,780.3 70,013.5
c) Add : Unallocable Assets less Liabilities (43,021.2) (33,938.3) (86,258.2) (33,938.3)
Total 54,615.9 36,075.2 23,522.1 36,075.2



 

  
  


 
 
  



 


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