Zinema Media And Entertainment Ltd — Updates, 29-05-2025: Company Update
Zinema Media & Entertainment Limited has announced a board meeting outcome where it approved the audited standalone and consolidated financial results for the quarter and half-year. The company declared a dividend of Rs. 0.05 per equity share of Rs. 10 each for the financial year, payable on a pro-rata basis for partly paid shares. The CFO, Mr. Praveen Potabattula, resigned citing personal reasons. The audited results show net income of Rs. 33.25 lakh from operations and other income contributing significantly, leading to a profit before tax of Rs. 29.12 lakh for the year. The auditors issued an unmodified opinion. Total equity stands at Rs. 9.03 Cr, with no borrowings. Cash flow reflects positive investing activity offset by operating cash outflows, resulting in a net increase in cash and equivalents.
