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Earnings Digest: Zee News, ZEEL, TV Today, SUN TV, Tata Comm, Mid Day, Balaji Telefilms

Zee News Rev Falls 52.8% Zee News has recorded a 52.8% fall in consolidated revenues year on year to Rs. 648.5 million in the quarter ended June 2010. Net profit fell 72.2% year on year to Rs. 33 million. Expenditure also reduced considerably by 48.6% to Rs. 594.3 million. The segment comprising Zee News, Zee Business, Zee 24 Taas, Zee Punjabi and 24 Ghanta reported an EBITDA of Rs. 208.3 million with 34% margin. New channels together racked up operating losses of Rs. 136.07 million in the quarter. ZEEL Net Profit Up 64.3% Ad revenues for Zee Entertainment Enterprises Ltd were up 90.4% year on year at Rs. 3,769 million while subscription revenues stood at Rs 2,614 million for the quarter ended June 2010.  The company reported a 64.3% increase in consolidated net profit of Rs. 1,501 million over revenues of Rs 6,770 million, which grew 42.2% year on year. EBITDA margins were at 20.6% on Rs. 1,870 million. Expenditure rose 36.5% to Rs. 4,900 million compared to the corresponding quarter last year. Launches: Zee TV launched a reality dance show DID Lil Masters - Dance Ke Baap and Mera Naam Karegi Roshan while Zee Café launched Cougar Town, Greys Anatomy 6, and Chopping Block. Zing, the network’s music and lifestyle channel, launched Inside Bollywood and World of Bollywood and chat show In Conversation with. ETC, the Bollywood trade channel, saw the launch of shows like ETC Bollywood Business with Komal Nahta and Bol India Bol. In Russia, Zee signed…

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