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Tag: Zee Learn

  • Zee Learn appoints new CEO Debshankar Mukhopadhyay

    Zee Learn appoints new CEO Debshankar Mukhopadhyay

    Zee Learn Limited, a leading player in core education and India’s Most Trusted Diversified Education Brand has announced the appointment of Debshankar Mukhopadhyay as the new Chief Executive Office (CEO).  Mukhopadhyay has taken charge of the company from July 2016.

    Debshankar comes with over 20 years of experience in educational and financial sector across South Asia. Network and channel development is his forte, along with effective leadership in business and operational management. Prior to this, he was the Head of Educational Sales – Financial Services & Insurance at Manipal Global Education Services. His previous stints have been with Max Life Insurance Co. Ltd, Western Union, Scholastic India, Zee Interactive Learning Systems Ltd and DHL Worldwide.

    Speaking about Debshankar’s appointment, Zee Learn Board commented, “We welcome Debshankar to Zee Learn. We are delighted to have him at the helm of Zee Learn and are confident that his vast experience will further accelerate the growth of the company and further us on our path of excellence and growth.  We look forward to the rich experience and knowledge that Debshankar brings along, which will add immense value to the organization and to the extremely talented team at Zee Learn.”

    “It gives me immense pleasure to be associated with Zee Learn, which is one of the largest players in the core education sector. I am looking forward to working with the team to further strengthen the award winning education brands of Zee Learn. With brands like Kidzee – the largest preschool chain in Asia, Mount Litera Zee School – one of the fastest growing K-12 school chains in India, ZICA – one of the premiere institutes in the creative arts and ZIMA – one of the leading media arts institutes, the future of Zee Learn looks extremely bright for the company. I look forward to working with the board and the team at Zee Learn and building on the strong credentials of the company and help accelerate growth at the company,” Debshankar commented on his new assignment.

    A Commerce Graduate from Kolkata University, Mr. Mukhopadhyay has done Post Graduate Diploma in Business Management, IISWBM, Kolkata. He has also completed various professional workshops like Management Development Program from Jamnalal Bajaj Institute of Management, Service Excellence Training at Western Union, Rome, Certificate course from Indian Institute of Management, Kolkata in Project Management, and Transformational Leadership Program at Indian School of Business, Hyderabad.

     

  • Q3-2016: Zee Learn YoY revenue up 12.4 percent; PAT doubles

    Q3-2016: Zee Learn YoY revenue up 12.4 percent; PAT doubles

    BENGALURU: The Essel group’s education company Zee Learn Limited (Zee Learn) reported 12.4 percent higher YoY Total Income from Operations (TIO, revenue) in the quarter ended December 31, 2015 (Q3-2016,current quarter) at Rs 22.29 crore as compared to Rs 19.84 crore , but was 27.4 percent lower QoQ than Rs 30.70 crore.

     

    Note: 100,00,000 = 100 Lakhs = 10 million = 1 crore

     

    The company’s Profit after tax (PAT) in the current quarter more than doubled YoY (up 2.07 times) at Rs 2.27 crore (10.2 percent margin) as compared to Rs 1.09 crore (5.5 percent margin) and was 2.1 times higher QoQ as compared  to Rs 1.08 crore.

     

    Let us look at the other numbers reported by Zee Learn

     

    Zee Learn’s Total expenditure (TE) in Q3-2016 at Rs 17.20 crore (77.2 percent of TIO) was 1.7 percent higher YoY as compared to Rs 16.91 crore (85.2 percent of TIO), but was 3.49 percent klowerr QoQ as compared to Rs 25.43 crore (86.1 percent of TIO).

     

    Employee Benefit Expense (EBE) in Q3-2016 at Rs 5.99 crore (26.9 percent of TIO) was 5.4 percent as compared to Rs 6.33 crore (31.9 percent of TIO) and was 17.4 percent lower QoQ as compared to Rs 7.25 crore.

     

    In Q3-2016, Zee Learn’s operating cost at Rs 0.64 crore (2.9 percent of IO) was 14.6 percent lower YoY as compared to Rs 0.75 crore (3.8 percent of TIO) and was 24.2 percent lower as compared to Rs 0.85 crore (2.8 percent of TIO).

     

    The company’s marketing, advertisement and publicity expense (marketing expense) for Q3-2016 at Rs 0.58 crore (2.6 percent of TIO) was 58.5 percent lower YoY than the Rs 1.40 crore (7.1 percent of TIO) and was 67.4 percent lower QoQ as compared to Rs 1.78 crore (5.8 percent of TIO) in the immediate trailing quarter.

     

    Other expense in Q3-2016 at Rs 6.07 crore (27.3 percent of TIO) was 40.9 percent more YoY as compared to Rs 4.31 crore (21.7 percent of TIO) and was 18.6 percent lower QoQ as compared to Rs 7.46 crore (24.3 percent of TIO).

     

    Zee Learn says that on June 28, 2015 a fire occurred in one of the warehouses of the company at Bhiwandi near Mumbai and the inventory of educational material lying at the said warehouse amounting to Rs 1416.61 lakh got completely destroyed. Further, Zee Learn says that it has lodged a claim with the Insurance company for the loss incurred. Pending the settlement of insurance claim, the loss is accounted as ‘Claims Receivables’ under other Current Assets to the extent of the above amount. On settlement of the claim by the Insurance company, the difference in loss claim and actual claim received , if any, will be charged to the Statement of Profit and Loss Account.

  • Q3-2016: Zee Learn YoY revenue up 12.4 percent; PAT doubles

    Q3-2016: Zee Learn YoY revenue up 12.4 percent; PAT doubles

    BENGALURU: The Essel group’s education company Zee Learn Limited (Zee Learn) reported 12.4 percent higher YoY Total Income from Operations (TIO, revenue) in the quarter ended December 31, 2015 (Q3-2016,current quarter) at Rs 22.29 crore as compared to Rs 19.84 crore , but was 27.4 percent lower QoQ than Rs 30.70 crore.

     

    Note: 100,00,000 = 100 Lakhs = 10 million = 1 crore

     

    The company’s Profit after tax (PAT) in the current quarter more than doubled YoY (up 2.07 times) at Rs 2.27 crore (10.2 percent margin) as compared to Rs 1.09 crore (5.5 percent margin) and was 2.1 times higher QoQ as compared  to Rs 1.08 crore.

     

    Let us look at the other numbers reported by Zee Learn

     

    Zee Learn’s Total expenditure (TE) in Q3-2016 at Rs 17.20 crore (77.2 percent of TIO) was 1.7 percent higher YoY as compared to Rs 16.91 crore (85.2 percent of TIO), but was 3.49 percent klowerr QoQ as compared to Rs 25.43 crore (86.1 percent of TIO).

     

    Employee Benefit Expense (EBE) in Q3-2016 at Rs 5.99 crore (26.9 percent of TIO) was 5.4 percent as compared to Rs 6.33 crore (31.9 percent of TIO) and was 17.4 percent lower QoQ as compared to Rs 7.25 crore.

     

    In Q3-2016, Zee Learn’s operating cost at Rs 0.64 crore (2.9 percent of IO) was 14.6 percent lower YoY as compared to Rs 0.75 crore (3.8 percent of TIO) and was 24.2 percent lower as compared to Rs 0.85 crore (2.8 percent of TIO).

     

    The company’s marketing, advertisement and publicity expense (marketing expense) for Q3-2016 at Rs 0.58 crore (2.6 percent of TIO) was 58.5 percent lower YoY than the Rs 1.40 crore (7.1 percent of TIO) and was 67.4 percent lower QoQ as compared to Rs 1.78 crore (5.8 percent of TIO) in the immediate trailing quarter.

     

    Other expense in Q3-2016 at Rs 6.07 crore (27.3 percent of TIO) was 40.9 percent more YoY as compared to Rs 4.31 crore (21.7 percent of TIO) and was 18.6 percent lower QoQ as compared to Rs 7.46 crore (24.3 percent of TIO).

     

    Zee Learn says that on June 28, 2015 a fire occurred in one of the warehouses of the company at Bhiwandi near Mumbai and the inventory of educational material lying at the said warehouse amounting to Rs 1416.61 lakh got completely destroyed. Further, Zee Learn says that it has lodged a claim with the Insurance company for the loss incurred. Pending the settlement of insurance claim, the loss is accounted as ‘Claims Receivables’ under other Current Assets to the extent of the above amount. On settlement of the claim by the Insurance company, the difference in loss claim and actual claim received , if any, will be charged to the Statement of Profit and Loss Account.

  • Zee Learn CEO KVS Seshasai resigns

    Zee Learn CEO KVS Seshasai resigns

    BENGALURU: Zee Learn CEO KVS Seshasai has resigned from his post on 25 January, 2016.

     

    Seshasai’s resignation has been accepted by the board.

     

    He will be relieved from the services of the company with effect from close of business hours of 1 February, 2016.

     

    Seshasai replaced Navneet Anhal when he joined Zee Learn in January 2014. Prior to joining Zee Learn, Seshasai, an alumnus of IIM Bengaluru, was business head of Kenneth Cole & Thomas Pink at Reliance Brands.

     

    Zee Learn is the education arm of the Subhash Chandra led Essel group and has diversified education companies namely Kidzee, Mount Litera Zee School and Mount Litera School International.

  • Zee Learn CEO KVS Seshasai resigns

    Zee Learn CEO KVS Seshasai resigns

    BENGALURU: Zee Learn CEO KVS Seshasai has resigned from his post on 25 January, 2016.

     

    Seshasai’s resignation has been accepted by the board.

     

    He will be relieved from the services of the company with effect from close of business hours of 1 February, 2016.

     

    Seshasai replaced Navneet Anhal when he joined Zee Learn in January 2014. Prior to joining Zee Learn, Seshasai, an alumnus of IIM Bengaluru, was business head of Kenneth Cole & Thomas Pink at Reliance Brands.

     

    Zee Learn is the education arm of the Subhash Chandra led Essel group and has diversified education companies namely Kidzee, Mount Litera Zee School and Mount Litera School International.

  • Q2-2016: Zee Learn YoY revenue up 34.9% at Rs 30.70 crore

    Q2-2016: Zee Learn YoY revenue up 34.9% at Rs 30.70 crore

    BENGALURU: The Essel Group’s education company Zee Learn Limited (Zee Learn) reported 34.9 per cent higher Total Income from Operations (TIO, revenue) in the quarter ended 30 September, 2015 (Q2-2016, current quarter) at Rs 30.70 crore as compared to the Rs 22.76 crore in Q2-2015. Q2-2016 TIO was however 14.2 per cent lower than the Rs 35.79 crore in Q1-2016.

     

    Note: 100,00,000 = 100 Lakhs = 10 million = 1 crore

     

    The company’s marketing, advertisement and publicity expense (marketing expense) for Q2-2016 at Rs 1.78 crore (5.8 per cent of TIO) was 13.2 per cent more than the Rs 1.58 crore (6.9 per cent of TIO) in Q2-2016. Marketing expense in the current quarter was 61.9 per cent lower than the Rs 4.68 crore (13.1 per cent of TIO) in the immediate trailing quarter.

     

    Let’s look at the other numbers reported by Zee Learn:

     

    The company’s Profit After Tax (PAT) declined 5.6 per cent to Rs 1.08 crore (3.5 per cent margin) from Rs 1.14 crore (five per cent margin) and declined by 72.8 per cent from Rs 3.96 crore (11.1 per cent margin) in Q1-2016.

     

    Zee Learn’s Total expenditure (TE) in Q2-2016 at Rs 25.43 crore (86.1 per cent of TIO) was 37.8 per cent more than the Rs 19.18 crore (84.3 per cent of TIO) in Q2-2015 but was 9.3 per cent lower than the Rs Rs 29.14 crore (81.4 per cent of TIO) in Q1-2016.

     

    Employee Benefit Expense (EBE) in Q2-2016 at Rs 7.25 crore (23.6 per cent of TIO) was 24.2 per cent higher than the Rs 5.84 crore (25.7 per cent of TIO) in Q2-2015 and was 17.5 per cent more than the Rs 6.17 crore (17.2 per cent of TIO) in Q1-2016.

     

    In Q2-2016, Zee Learn’s operating cost at Rs 0.85 crore (2.8 per cent of TIO) was 65.8 per cent more than the Rs 0.51 crore (2.2 per cent of TIO) in the corresponding year ago quarter and was 52.7 per cent more than the Rs 0.56 crore (1.6 per cent of TIO) in Q1-2016.

     

    Other expense in Q2-2016 at Rs 7.46 crore (24.3 per cent of TIO) was 36 per cent more than the Rs 5.49 crore (24.1 per cent of TIO) but was three per cent lower than the Rs 7.69 crore (21.5 per cent of TIO) in Q1-2016.

     

    Zee Learn says that on 28 June, 2015 a fire occurred in one of the warehouses of the company at Bhiwandi near Mumbai and the inventory of educational material lying at the said warehouse amounting to Rs 1416.61 lakh got completely destroyed. Further, Zee Learn says that it has lodged a claim with the insurance company for the loss incurred. Pending the settlement of insurance claim, the loss is accounted as ‘Claims Receivables’ under other Current Assets to the extent of the above amount. On settlement of the claim by the insurance company, the difference in loss claim and actual claim received, if any, will be charged to the Statement of Profit and Loss Account.

  • Zindagi partners Zee Learn to celebrate Teacher’s Day

    Zindagi partners Zee Learn to celebrate Teacher’s Day

    MUMABI: Zindagi has associated with Zee Learn’s Kidzee and Mount Litera to thank the people who shape the minds of our future. 

     

    Zindagi is planning to bring a special ‘Teacher’s Day Shukriya’ episode on 6 September, with the heart-warming story of Akhil from Chandigarh – a young boy who had a tough time adjusting to hostel life. In this episode, Akhil says Shukriya to his teacher not only for helping make his transition to hostel life easier but for also encouraging him and completely changing his life for the better. 

     

    Through the #ShukriyaMyTeacher campaign, students from across 2200 Kidzee and Mount Litera Zee schools will get a chance to say Shukriya to the teachers.

     

    Additionally, students from the 900 Kidzee schools will make cards for their teachers and stamp their hand impressions on a wall, dedicating it to their favourite teacher. Over and above these activities, the students at Mount Litera School will write special messages for their teachers on a wall, make certificates for their teachers to thank them for their support and hard work. 

     

    Considering APJ Abdul Kalams’s love for children, the kids at Mount Litera School will also organise an exhibition dedicated to him with stories, pictures and artwork created by the students.

  • Q1-2016: Despite 4% drop in revenue, Zee Learn PAT up 11%

    Q1-2016: Despite 4% drop in revenue, Zee Learn PAT up 11%

    BENGALURU: The Essel Group’s education company Zee Learn Limited reported 11.1 per cent higher profit after tax (PAT) for the quarter ended 30 June, 2015 (Q1-2016) at Rs 3.96 crore (11.1 per cent margin) as compared to the Rs 3.56 crore (9.6 per cent margin) in Q1-2015. PAT in the current quarter was also 3.8 per cent higher than the Rs 3.81 crore (9.2 per cent margin) in the immediate trailing quarter.

     

    Zee Learn’s Total Income from Operations (TIO) in the current quarter at Rs 35.79 crore was four per cent lower than the Rs 37.30 crore in the corresponding year ago quarter and 14.1 per cent lower than the Rs 41.69 crore in Q4-2015.

     

    Note: 100,00,000 = 100 Lakhs = 10 million = 1 crore

     

    Let us look at the other numbers reported by Zee Learn

     

    Zee Learn’s Total expenditure (TE) in Q1-2016 at Rs 29.14 crore (81.4 per cent of TIO) was 6.5 per cent lower than the Rs 31.17 crore (83.6 per cent of TIO) in Q1-2015 and 19.5 per cent lower than the Rs 36.18 crore (86.8 per cent of TIO) in Q4-2015. 

     

    The company’s marketing, advertisement and publicity expense (marketing expense) for Q1-2016 at Rs 4.68 crore (13.1 per cent of TIO) was 89.3 per cent (almost double) more than the Rs 2.47 crore (6.6 per cent of TIO) in Q1-2015, but 45.6 per cent lower (almost half) than the  Rs 8.6 crore (20.6 per cent of IO) in Q4-2015.

     

    Employee Benefit Expense (EBE) Q1-2016 at Rs 6.17 crore (17.2 per cent of TIO) was 8.3 per cent lower than the Rs 6.73 crore (18 per cent of TIO) in Q1-2015 but 17.2 per cent more than the Rs 6.05 crore (14.5 per cent of TIO) in the immediate trailing quarter. 

     

    In Q1-2016, Zee Learn’s operating cost at Rs 0.56 crore (1.6 percent of TIO) was 18 percent lower than  the Rs 0.68 crore (1.8 per cent of TIO) in Q1-2015 and 55.7 per cent lower (less than half) the Rs 1.25 crore (three per cent of TIO) in Q4-2015. 

     

    Other expense in Q1-2016 at Rs 7.69 crore (21.5 per cent of TIO) was 28.7 per cent higher than the Rs 5.98 crore (16 per cent of TIO) in Q1-2015 and 3.8 per cent more than the Rs 7.41 crore (17.8 per cent of TIO) in the immediate trailing quarter.

     

    Zee Learn says that on 28 June, 2015 a fire occurred in one of the warehouses of the company at Bhiwandi near Mumbai and the inventory of educational material lying at the said warehouse amounting to Rs 1416.61 lakh got completely destroyed. Further, Zee Learn says that it has lodged a claim with the insurance company for the loss incurred. Pending the settlement of insurance claim, the loss is accounted as ‘Claims Receivables’ under other current assets to the extent of the above amount. On settlement of the claim by the Insurance company, the difference in loss claim and actual claim received, if any, will be charged to the statement of profit and loss account.

  • Zee group gears up to celebrate the International Yoga Day

    Zee group gears up to celebrate the International Yoga Day

    MUMBAI: With the International Yoga Day around the corner, the ZEE Group’s Media & Entertainment companies are gearing up to actively participate, making it a huge success. The companies which are lending support to this initiative are Zee Entertainment Enterprises Limited, Zee Media Corporation Limited, Z Living, Zee Learn Limited and Zee Digital Convergence.

     

    Last year, our  Prime Minister, Narendra Modi while addressing the 193-member UN General Assembly at the United Nations said, “Yoga is an invaluable gift of India’s ancient tradition. It embodies unity of mind and body; thought and action; restraint and fulfillment; harmony between man and nature; a holistic approach to health and well-being. It is not about exercise but to discover the sense of oneness within yourself, the world and the nature. By changing our lifestyle and creating consciousness, it can help us deal with climate change. Let us work towards adopting an International Yoga Day.”

     

    Commenting on the importance of International Yoga Day, Dr. Subhash Chandra, Chairman – ZEE & Essel Group said, “The ancient Indian practice of Yoga nurtures the mind, working through the medium of the body. Yoga enhances the body and soul with additional strength, zeal and beauty. It is a beautiful act of nurturing the divinity within you. I strongly believe that it is a gift to all of us, and it is essential that we work towards making it a mass movement globally. I am confident that the International Yoga Day which our Hon’ble Prime Minister, Shri Narendra Modi has initiated will have a strong impact on humanity, maybe not immediately but definitely in the next five to ten years.”

     

    Elaborating on the Group’s participation in the International Yoga Day, Punit Goenka, MD & CEO, Zee Entertainment Enterprises Limited (ZEEL) said, “Yoga is a way of living which recharges the body and promotes the balanced development of the physical, mental and spiritual being. As the excitement around International Yoga Day builds up, we, at the ZEE Group, have lined up a range of yoga-based activities to engage with our viewers across the world. Our channels and brands will feature yoga content integration, expert advice from yoga gurus, useful trivia, celebrity bytes and yoga cuisine, among other interesting initiatives throughout the day. Apart from this, we are celebrating Yoga Week across all our offices where employees will perform yoga sessions led by expert instructors.”

     

    As the world prepares to celebrate the International Yoga Day, and with India leading the charge, the ZEE Group is committed to making this a major national and global event.

     

    Some of the key initiatives that will be showcased across the ZEE Group companies and channels are as follows:

    ·         Among Zee Entertainment’s bouquet of channels, Zee TV, the flagship Hindi GEC will feature yoga-based content integration in its popular shows, Satrangi Sasural and Neeli Chhatri Waale while &TV will be integrating the essence of International Yoga Day through its shows – Dilli Wali Thakur Gurls, Bhaghyalakshmi and Gangaa.

     

    ·         Zindagi, the premium Hindi GEC will espouse the effectiveness of practising Yoga through its afternoon show ‘Simply Beautiful’ which is based on healthy living while our FTA channel, Zee Anmol will run fillers, each of which will focus on one Chakra of the body and how a particular type of Yoga cleanses that chakra, infusing energy into the body and bringing about a positive change.

     

    ·         ZEEL’s Hindi Movie Cluster will integrate yoga and Bollywood to commemorate International Yoga Day. The channels will urge audiences to adopt Yoga as a lifestyle choice by showcasing advice from Yoga instructors as well as trivia and quotes from stars practising yoga.

     

    ·         ZEEL’s Regional Channels have also planned a slew of yoga-based activities. The leading Marathi GEC, Zee Marathi will advocate the benefits of Yoga through content integration in leading fiction and non-fiction shows like Julun Yeti Reshimgaathi, Honaar Sunn Mee Hya Gharchi, Dil Dosti Duniyadaari, Chala Hawa Yeu Dya and Ka Re Durawa. Similarly, Zee Bangla’s shows like Kojagori, Didi No. 1 and Sa Re Ga Ma Pa will inspire viewers to be fit and practice yoga through Yoga integrations within the content.

     

    ·         In the South, Zee Telugu, with an aim to promote health and well-being will showcase the importance and benefits of practicing Yoga for a well-balanced mind, body and soul through integration of information related to Yoga in the following shows – Muddu Mandaram, Abhishekam, Subhamastu, Vahreva, Lakshmi Raave Maa Intiki and Omkaram. Zee Telugu is also associating with Siti Network for a ground event based out of Hyderabad where celebrities will interact with participants to demonstrate and practise yoga. Yoga-based content integration will also occur on Zee Kannada’s top two fiction shows, LoveLavike and Jothe Jotheyalli and on Zee Tamizh’s shows Parambariya Maruthavam and Enga Veetu Penn.

     

    ·         Among the Regional Movie Channels, Zee Bangla Cinema will be positioning its family drama, Maach Mishti & More as the face of the Yoga practice movement while Zee Talkies will be featuring ‘Cinema-Asan’ – A Filmy way of celebrating Yoga where celebrities will perform asanas, share tips and engage with consumers on the topic of Yoga.

     

    ·         On the occasion of International Yoga Day, ZEEL’s English Cluster, Zee Café and Zee Studio, will feature yoga trivia and quotes from famous shows like Desperate Housewives and The Big Bang Theory and Hollywood movies like Pretty Woman, Aeon Flux, Iron Man 3 and The Lincoln Lawyer. 

     

    ·         Among ZEEL’s Niche Channels, ZETC will be running a mini-campaign ‘Bollywood GuruCool’ which will propagate yoga, highlight different actors who practice yoga and suggest suitable music for yoga while Zing will feature Bollywood Yoga vignettes throughout the day. Zee Khana Khazana, India’s premium 24-hour food channel will be showcasing ‘Yoga Cuisine – Spiritual Foods’ on its shows – Suryanamaskar Starts, Saatvik Bites, Jiyo with Jia and The Beauty Fridge. To build interest in Yoga among kids, our edutainment channel, Zee Q will telecast an episode of its show ‘Bandbudh Aur Budbak’ titled ‘Yoga Se Hoga’ at different timeslots during the day.

     

    ·         Truly living up to the name ‘International’ Yoga Day, ZEEL’s International Territories will also be actively supporting and celebrating this ancient Indian tradition.

     

    o   ZEE Americas and ZLiving will be engaging with audiences through their popular shows like Rock Your Yoga, Yoga Sutra Now with Jai Sugrim, Yogapalooza, Yogi Cameron: A Model Guru and Yoga for Life. 

     

    o   ZEE UK & Europe is dedicating an entire week to promote Yoga and will bring in various Yoga experts on its live TV show, Zee Companion to demonstrate the practice, interact with viewers and answer their queries about Yoga. ZEE UK & Europe will also be participating in the UK’s biggest International Yoga Day event which is being held at the Alexandra Palace.

     

    o   Additionally, Zee TV Russia has partnered with the yoga centre ‘Organic People’ to arrange a mass celebration for yoga lovers under the guidance of famous Russian yoga guru Rauf Asadov which will be aired live on Zee TV Russia’s website.

     

    o   In the Asia-Pacific region, ZEEL’s channels will air a special AV on Yoga, hold various contests for viewers and also broadcast the International Yoga Day events being held in major cities in Thailand, Australia and China.

     

    o   Zee TV Africa has partnered with the Consulate General of India in Durban and High Commissioner of India in Johannesburg on a range of activities in support and celebration of International Yoga Day including an on-air awareness campaign and eighteen on-ground events across various regions of South Africa.

     

    o   ZEEL channels in the MENAP region are also creating awareness about Yoga and its benefits by running an on-air and social media campaign.

     

    ·         Zee Digital Convergence will extend support to the different channels and amplify their yoga-based content in the digital space. Furthermore, ZEEL’s OTT platform, DittoTV, will highlight special live yoga features run by different news channels, yoga shows and videos from ZLiving and a brand new show-‘Yoga for Life’.

     

    ·         The various channels of Zee Media Corporation Limited (ZMCL) are also enthusiastically participating in the International Yoga Day celebrations.

     

    o   Zee News is celebrating International Yoga Day through special programming, ‘Yoga Living’ which features demonstrations by renowned yoga gurus, yoga documentaries, bytes from famous celebrities like director Mohit Suri, wrestler Sushil Kumar and actress Shilpa Shetty, and yoga advice and tips.

     

    o   Zee Business is inviting business honchos, entrepreneurs, politicians and yoga experts to be a part of their special Yoga show. Prominent personalities who will be sharing their Yoga advice and recommendations include Jayant Sinha, MoS Finance, Government of India, Anand Rathi – Founder & Chairman, Anand Rathi Financial Services Ltd., Amish Tripathi, Author of The Shiva Trilogy and Bharat Thakur, the famous Yoga Guru.

     

    o   On Zee 24 Taas, a campaign named as ‘Zee 24 Taas Yog Abhiyan’ is being run to promote the practice of Yoga in daily life. News stories featuring Yoga experts highlighting the importance of Yoga in today’s time is being showcased along with celebrity wishes for the campaign. On-ground, students from more than 100 schools from Vidarbha, Marathwada, Western Maharashtra, Konkan and Khandesh will take the pledge that they will practice Yoga everyday, which will help them build their bodies and minds in a positive way, thus building a healthier society. Also, as a part of this initiative, lakhs of students from various schools will voluntarily perform different asanas of Yoga at the same time across the cities and villages of Maharashtra.

     

    o   In Rajasthan, Zee Marudhara is highlighting the State Govt.’s initiatives on Yoga including the Live coverage of the state’s IYD function in which Chief Minister, Vasundhara Raje will be participating. The channel is also running regular stories on ‘How yoga can be beneficial in our day to day Life’ and broadcasting a series of chat shows with Yoga Experts, Teachers, Ministers, etc. on the importance of Yoga and its benefits.

     

    o   Zee Sangam has done a series of shows with yoga gurus who have spoken on its importance and also demonstrated various ‘asanas’. Case studies on individuals who have benefited from yoga are also being aired on the channel.

     

    o   Zee Punjab Haryana Himachal will broadcast the live coverage of the IYD functions across the major cities as well as discussion programmes on Yoga, ZLiving yoga tips and content integration in major bulletins.

     

    ·         To educate students about the importance of Yoga, the educational division of the Group, Zee Learn Limited will be organizing lectures, demonstrations, Yoga shivirs and sessions across its various schools and institutes – Kidzee, Mount Litera Zee School, ZICA, ZIMA as well as at Himgiri Zee University.

  • FY-2015: Zee Learn reports profit; adds 500+ franchisee partners

    FY-2015: Zee Learn reports profit; adds 500+ franchisee partners

    BENGALURU: The Essel group’s education company Zee Learn Limited reported profit after tax (PAT) in FY-2015 as well as across all the four quarters of fiscal 2014-15 (AY-2015-16).

     

    Additionally, the company has also added more than 500 pre-school franchisee partners in FY-2015.

     

    For the current year, the company reported PAT of Rs 9.62 crore (7.9 per cent of Total Income from operations or TIO) as compared to a loss of Rs 1.33 crore in FY-2014. For Q4-2015, the company reported a PAT of Rs 3.81 crore 9.2 per cent of TIO) as compared to a loss of Rs 1.73 crore in Q4-2014 and more than three times (3.48 ties) the PAT of Rs 1.09 crore in the immediate trailing quarter.

     

    Note: 100,00,000 = 100 Lakhs = 10 million = 1 crore

     

    The company’s TIO in FY-2015 at Rs 121.58 crore was two per cent more than the Rs 119.18 crore in FY-2014. TIO in Q4-2015 was 6.8 per cent more at Rs 41.69 crore than the Rs 39.04 crore in Q4-2014 and was more than double (2.1 times) the TIO of Rs 19.84 crore in Q3-2015.

     

    Zee Learn CEO K V S Seshasai said, “The company has shown significant profit after tax, both for current quarter and for the 12 month period. The improved performance is the result of increase in enrolments in Kidzee centres by 18 per cent and by 38 per cent in MLZS during FY-2015 vis-?-vis FY-2014. For the first time, the company has added more than 500 pre-school franchisee partners. Our top line looks muted on account of transferring the operations of servicing educational content of television channel ZeeQ to its group company, Zee Entertainment Enterprises Limited, and due to planned de-growth in non-core businesses.”

     

    Let us look at the other numbers reported by Zee Learn:

     

    Zee Learn’s total expenditure (TE) FY-2015 at Rs 103.45 crore (85.1 per cent of TIO) was 10.4 per cent less than the Rs 115.45 crore (96.9 per cent of TIO) in FY-2014.TE in Q4-2015 at Rs 36.18 crore (86.8 per cent of TIO) was 5.3 per cent lower than the Rs 38.18 crore (97.8 per cent of TIO) in Q4-2014 and was more than double (2.14 times) the Rs 16.91 crore (85.2 per cent of TIO) in Q3-2015.

     

    The company’s marketing, advertisement and publicity expense (marketing expense) for FY-2015 at Rs 14.05 crore (11.6 per cent of TIO) was 2.5 per cent lower than the Rs 13.71 crore (11.5 per cent of TIO) in FY-2014.

     

    In Q4-2105, marketing expense of Rs 8.6 crore (20.6 per cent of IO) was 37.2 per cent more than the Rs 6.27 crore (16.1 per cent of TIO) in Q4-2014 and more than six times (6.14 times) the Rs 1.41 crore (7.1 per cent of TIO) in Q3-2015.

     

    Employee Benefit Expense (EBE) FY-2015 at Rs 24.95 crore (20.5 per cent of TIO) was 20.2 per cent lower than the Rs 31.27 crore (26.2 per cent of TIO) in FY-2014.In Q4-2015, EBE at Rs 6.05 crore (14.5 per cent of TIO) was 24.8 per cent lower than the Rs 8.05 crore in Q4-2014 and 4.5 per cent lower than the Rs 6.33 crore in the year ago quarter.

     

    In FY-2015, Zee Learn’s operating cost at Rs 3.2 crore (2.6 per cent of TIO) was 13.4 per cent lower than the Rs 3.69 crore (3.1 per cent of TIO) in FY-2014.Operating cost in Q4-2015 at Rs 1.25 crore (three per cent of TIO) was 1.2 per cent lower than the Rs 1.27 crore in Q4-2014 and 66.6 per cent more than the Rs 0.75 crore (3.8 per cent of TIO) in Q3-2015.

     

    Other expense in FY-2015 at Rs 23.30 crore (19.1 per cent of TIO) was 8.7 per cent lower than the Rs 25.41 crore (21.3 per cent of TIO) in FY-2014. Other expense in Q4-2015 at Rs 7.41 crore (17.8 per cent of TIO) was 8.6 per cent lower than the Rs 8.11 crore (20.8 per cent of TIO) in Q4-2014 and 71.8 per cent more than the Rs 4.31 crore (21.7 per cent of TIO) in Q3-2015.