Zee Entertainment Posts ₹1.44 Billion Profit In Q1, Income Touches ₹18.5 Billion

Zee Entertainment Enterprises Ltd has reported a consolidated net profit of ₹1.44 billion for the June quarter of FY26, with total income reaching ₹18.5 billion. The results reflect a steady recovery in subscription revenue and cost discipline, despite seasonal headwinds in advertising.

 

Key Highlights From The Quarterly Performance

 

- Total income stood at ₹18.5 billion, supported by stable subscription growth and moderate gains in syndication and other services.

- Net profit of ₹1.44 billion marks a sequential improvement, driven by higher other income and reduced operating expenses.

- Advertising revenue remained subdued due to IPL-led ad shifts and macroeconomic softness, with brokerages estimating a 14–15 percent year-on-year decline.

- Subscription revenue rose 3–6 percent year-on-year, led by continued traction on Zee5 and linear platforms.

- EBITDA margins held steady at 12.7 percent, aided by cost control measures and portfolio rationalisation.

 

Strategic Context And Market Sentiment

 

- Q1 is typically a seasonally weak quarter for broadcasters, but Zee’s performance signals resilience amid shifting viewer habits and ad budgets.

- The company is expected to maintain its focus on digital monetisation, content investments, and operational efficiency in the coming quarters.

- Shares of Zee Entertainment traded lower ahead of the results but remain up 14 percent year-to-date, reflecting cautious investor optimism.

 

Outlook

 

Zee’s Q1 results suggest a stabilising core business with room for growth in digital and subscription segments, even as ad recovery remains gradual.

 

Sources: CNBC TV18, Moneycontrol, Business Standard, Zee.com, Screener.in.