Zee Entertainment Enterprises Q1 net profit rises 22 pc at Rs 143.7 cr
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
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July 22, 2025, 17:00 IST
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