
Zee Entertainment shares slip over 5% as Q1 revenue falls 14% YoY to Rs 1,825 crore, profit down 7%
The company reported a 7% year-on-year drop in net profit to ₹143.7 crore, compared to ₹154.3 crore in the same quarter last year. Total revenue fell 14% YoY to ₹1,825 crore, from ₹2,131 crore.
EBITDA declined 12% to ₹239 crore, with margins slightly improving to 13.1% from 12.7% YoY. Advertising revenue dropped 17% to ₹758.5 crore, while subscription revenue saw a marginal fall of 0.6% at ₹982 crore.
The market reacted negatively to the overall weak performance, especially the steep fall in ad revenue, which remains a crucial contributor to Zee's topline.
Zee Entertainment shares opened at ₹142.20 and touched a high of ₹143.90 during the session. The stock dipped to a low of ₹133.15. Zee's 52-week high stands at ₹154.90, while the 52-week low is ₹89.32.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com

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