Zee Entertainment Enterprises Limited (ZEEL) reported its Q3 FY2025 results, with consolidated total income at ₹2,013 crore, down 3.4% year-on-year from ₹2,084 crore in Q3 FY2024. The company's net profit rose to ₹164 crore, a significant improvement from ₹24.3 crore in the same quarter last year, but fell short of IBES estimates of ₹186 crore.Despite challenging market conditions, ZEEL showed resilience in its digital and subscription businesses. The company's focus on cost optimization and content monetization strategies likely contributed to the profit growth. However, the revenue decline suggests ongoing pressures in the advertising market.Investors will be watching closely for management commentary on future growth strategies and the impact of recent industry developments.
Source: Zee Entertainment Enterprises Limited Q3 FY2025 Results