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Time of India
22-07-2025
- Business
- Time of India
ZEEL's ad revenue declines by 16.7% in Q1FY26
Zee Entertainment Enterprises ( ZEEL ) has reported a 21.19 per cent year-on-year (YoY) increase in its net profit for the quarter ending June 30, 2025, reaching INR 143.7 crore, up from INR 118.1 crore in the corresponding period last year. Despite the surge in profit, the media conglomerate experienced a significant decline across key revenue streams. Advertising revenue fell by 16.77 per cent to INR 758.5 crore for the quarter, compared to INR 911.3 crore in the quarter ended June 30, 2024. The company attributed that domestic advertising revenue declined for the quarter due to extended sports calendar, and slowdown in FMCG spending . 'The domestic advertising environment continues to be a soft, healthy monsoon and festive pick-up augurs well for the near future,' said the company. Subscription revenue also saw a marginal dip of 0.56 per cent, settling at INR 981.7 crore against INR 987.2 crore in the prior year. Other sales and services witnessed a substantial decline of 63.53 per cent, decreasing to INR 84.6 crore from INR 232 crore. 'Increase in digital subscription revenue was offset by decline in linear subscription revenue due to fall in PayTV subscribers. And other sales and services declined due to lower theatrical and syndication revenue,' informed Zee. Consequently, total income for the quarter declined by 13.94 per cent, standing at INR 1,849.8 crore compared to INR 2,149.5 crore a year ago. The company's operational expenses declined by 17.5 per cent to INR 971.0 crore from INR 1,177 crore. Employee benefits expense also saw a modest decline of 2.52 per cent, amounting to INR 220.1 crore against INR 225.8 crore. Furthermore, advertisement and publicity expenses decreased by 4.97 per cent, from INR 289.6 crore to INR 275.2 crore.
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Business Standard
22-07-2025
- Business
- Business Standard
Zee Entertainment Q1 results: Net profit rises 21.7% to ₹143.7 crore
Zee Entertainment Enterprises (ZEEL) reported a consolidated net profit increase of 21.7 per cent to Rs 143.7 crore in the April-June quarter, compared to the same quarter last year. This growth was primarily due to the absence of restructuring costs following the failure of the Zee-Sony merger. In Q1FY25, ZEEL had incurred restructuring costs of Rs 28.6 crore after the Zee-Sony merger did not go through. The net profit in Q1FY26 also includes gains from the company's portfolio rationalisation initiative and the treatment of Margo Networks as a discontinued operation. Margo Networks had incurred a loss of Rs 7.6 crore in Q1FY25. On a sequential basis, the company's net profit declined by 23.7 per cent in the April-June quarter. The Mumbai-based broadcaster's revenue from operations decreased by 14.3 per cent to Rs 1,824.8 crore in Q1FY26, on a year-on-year (YoY) basis. ZEEL's other income rose by 31.6 per cent to Rs 25 crore for the quarter ended June 30, compared with the same quarter last year. The company's advertising revenue fell by 17 per cent to Rs 758.5 crore YoY in the April-June quarter. This decline was attributed to an extended sports calendar and a slowdown in FMCG (fast-moving consumer goods) spending, as per its investor presentation. 'The increase in digital subscription revenue was offset by a decline in linear subscription revenue due to a fall in PayTV subscribers. Other sales and services (down 64 per cent to Rs 84.6 crore YoY) declined due to lower theatrical and syndication revenue,' the company stated in its presentation. Its profit before interest, depreciation, and tax (PBIDT) decreased by 8.8 per cent to Rs 264 crore for the quarter ended June 30, compared with the same quarter last year. Meanwhile, the total revenue of ZEE5, the company's streaming platform, increased by 30 per cent to Rs 290 crore in the April-June quarter, on a YoY basis. ZEE5 also saw a Rs 111.9 crore reduction in its EBITDA (earnings before interest, taxes, depreciation, and amortisation) in Q1FY26, compared with the same period last year. During this quarter, the platform released 17 shows and movies, including five original productions. 'Accelerating growth, profitability, and cash generation continue to remain our priority, and this will further be driven by the new initiatives we are working on," said Mukund Galgali, Deputy Chief Executive Officer (CEO) and Chief Financial Officer (CFO) of ZEEL, in the company's investor call. He added, 'Within the music business, our profitability continues to remain fairly healthy, and we are further diversifying our catalogue into other language markets.' 'Over the last couple of quarters, the team has put in significant efforts to enhance our content offerings in every market," said Punit Goenka, CEO of ZEEL, during the investor call. "I am pleased to share that we are beginning to witness positive momentum in this direction, with our linear viewership share touching 16.8 per cent in Q1, further fortifying our position as a strong player in the industry. In fact, during the month of June itself, we clocked a viewership share of 17.8 per cent, which is nearly a two-year high.'
Business Standard
22-07-2025
- Business
- Business Standard
Zee Entertainment drops after Q1 PAT slumps 24% QoQ to Rs 144 cr
Zee Entertainment Enterprises declined 5.07% to Rs 134.70 after the company's consolidated net profit from continuing operations dropped 23.81% to Rs 143.7 crore on 16% decline in operating revenue to Rs 1,824.8 crore in Q1 FY26 over Q4 FY25. On year on year (YoY) basis, the companys net profit from continuing operations and operating revenue each jumped 14% in Q1 FY26. Profit before tax (PBT) jumped 9.62% YoY to Rs 197.2 crore in Q1 FY26. EBITDA declined 16% to Rs 228 crore in Q1 FY26 compared with Rs 271.6 crore in Q1 FY25. EBITDA margin contracted to 12.5% in Q1 FY26 as against 12.7% in Q1 FY25. For Q1 FY26, advertising revenue was Rs 758.5 crore (down 17% YoY), subscription revenue was Rs 981.7 crore (down 1% YoY) and revenue from other sales & services was Rs 84.6 crore (down 64% YoY). Domestic advertising revenue declined by 19% YoY for the quarter due to extended sports calendar, and slowdown in FMCG spending. The company stated that increase in digital subscription revenue was offset by decline in linear subscription revenue due to fall in PayTV subscribers. Zee Entertainment Enterprises (ZEEL) is a media & entertainment company offering entertainment content to diverse audiences. It is present across broadcasting, movies, music, digital, live entertainment, and theatre businesses, both within India and overseas.
News18
22-07-2025
- Business
- News18
Zee Entertainment Enterprises Q1 net profit rises 22 pc at Rs 143.7 cr
New Delhi, Jul 22 (PTI) Zee Entertainment Enterprises Ltd on Tuesday reported a 22 per cent increase in consolidated net profit at Rs 143.7 crore in the first quarter ended June 30, 2025, on the back of improved network viewership, healthy performance of its digital segment and lower expenses. The company had posted a consolidated net profit of Rs 118.1 crore in the corresponding quarter last fiscal. In the same period, an exceptional item outgo of Rs 28.5 crore was incurred, Zee Entertainment Enterprises Ltd (ZEEL) said in a regulatory filing. Consolidated total income in the first quarter stood at Rs 1,849.8 crore as against Rs 2,149.5 crore in the same period a year ago, it added. Total expenses in the first quarter were lower at Rs 1,652.7 crore as compared to Rs 1,941.1 crore in the corresponding period last fiscal, ZEEL said. In an investor presentation, the company said it maintained profitability despite macro-headwinds in the first quarter on the back of improved network viewership aided by language market performance along with continued healthy performance in the digital segment. It, however, said domestic advertising revenue declined by 19 per cent Y-o-Y for the quarter due to extended sports calendar, and slowdown in FMCG spending. 'Domestic advertising environment continues to be soft, healthy monsoon and festive pick-up augurs well for the near future," it noted. Increase in digital subscription revenue was offset by decline in linear subscription revenue due to fall in PayTV subscribers, ZEEL said. PTI RKL DR DR view comments First Published: July 22, 2025, 17:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
