<p>Bengaluru: India's Zee Entertainment Enterprises reported a first-quarter profit on Wednesday, led by growth in its subscriber base.</p><p>The broadcaster reported a consolidated net profit of $14.1 million (Rs 118 crore) for the quarter ended June 30, compared with a loss of 534.2 million rupees a year ago.</p><p>The company's subscription revenue increased 9 per cent to 9.87 billion rupees, boosting its total income by nearly 8 per cent.</p><p>Zee is among India's biggest players in the country's media and entertainment industry where the likes of Reliance Industries and the Adani Group are expanding their presence.</p>.Toyota Kirloskar Motor project will revolutionise automobile sector in Maharashtra: Shinde.<p>However, flailing advertising revenue and two failed deals, including a $10 billion merger with Sony's Indian unit, have weighed on Zee's shares and financials. </p><p>($1 = 83.7000 Indian rupees)</p>
<p>Bengaluru: India's Zee Entertainment Enterprises reported a first-quarter profit on Wednesday, led by growth in its subscriber base.</p><p>The broadcaster reported a consolidated net profit of $14.1 million (Rs 118 crore) for the quarter ended June 30, compared with a loss of 534.2 million rupees a year ago.</p><p>The company's subscription revenue increased 9 per cent to 9.87 billion rupees, boosting its total income by nearly 8 per cent.</p><p>Zee is among India's biggest players in the country's media and entertainment industry where the likes of Reliance Industries and the Adani Group are expanding their presence.</p>.Toyota Kirloskar Motor project will revolutionise automobile sector in Maharashtra: Shinde.<p>However, flailing advertising revenue and two failed deals, including a $10 billion merger with Sony's Indian unit, have weighed on Zee's shares and financials. </p><p>($1 = 83.7000 Indian rupees)</p>