Zee Entertainment posted results for Jan-Mar 2018, which showed significant recovery from the stress faced in 2017. Domestic advertisement revenue excluding the sports business was up by 24.6 percent y-o-y to Rs938 crore during Jan-Mar 2018. Domestic subscription revenue excluding the sports business grew by 18 percent y-o-y to Rs452 crore, due to the early closure of deals with cable/DTH operators. The company's profit dropped to Rs231 crore for Jan-Mar 2018 from Rs1,515 crore for Jan-Mar 2017.
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