*Zee News*, primarily a media company registered a rise of 18.40% in the
consolidated net profit in the quarter ended December 2008. During the
quarter, the profit of the company rose to Rs 151 million over the prior
year period.

During the quarter ended Dec. 31, 2008, advertisement revenue grew 38.80% to
stand at Rs 1,120 million as compared to the corresponding period last
fiscal. Meanwhile subscription revenue was up 46.40% to stand at Rs 236
million over last year, cashing in on the extensive direct to home (DTH)
proliferation.

The company reported a steady growth in standalone net profit for the
quarter ended December 2008. During the quarter, the profit of the company
rose 19.81% to Rs 153.71 million from Rs 128.30 million in the same quarter
previous year.

Net sales for the quarter surged 45.78% to Rs 1,392.61 million, while total
income for the quarter jumped 47.95% to Rs 1,416.46 million, when compared
with the prior year period.

The company reported earnings of Rs 0.64 a share during the quarter,
registering 20.75% growth over prior year period.


  *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07*
*%Change* *Net Sales* 1,392.61 955.30 45.78 *Net Profit* 153.71 128.30 19.81
*Basic EPS* 0.64 0.53 20.75

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