Zee posted a net profit of Rs 150 crore in April-June compared with about Rs 91.3 crore a year ago on a 42 per cent rise in net sales.

The numbers include financials of Taj TV and ETC Networks. It also includes results of the regional general entertainment channel businesses that it acquired from Zee News.

The firm's advertising revenue grew 55.7 per cent to Rs 377 crore in the June quarter on higher share of its channels, a buoyant economy and continued preference of advertisers towards television, it added.

Subscription revenue grew 39 per cent to Rs 260 crore, it added.

Zee, which airs top-rated shows such as Dance India Dance, 'Pavitra Rishta' and 'Agle Janam Mohe Bitiya Hi Kijo' on Zee TV, has plans to launch few more shows in the coming quarters, it said.

The network also operates Zee Cinema, Zee Cafe, Zee Studio, Zing and regional general entertainment channels such as Zee Marathi, Zee Talkies, Zee Bangla, Zee Telugu and Zee Kannada.

At 3.18 pm, shares in Zee were down 2.3 per cent at Rs 309.05, after rising to a 52-week high earlier in the day, in a weak Mumbai market.