Zee Media Corporation's Q2 FY 2025-26 Quarterly Results

Result Summary

• Zee Media Corporation Ltd reported a 1.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 35.2%.
• Its expenses for the quarter were down by 0.7% QoQ and 3.2% YoY.
• The net profit increased 76.3% QoQ and decreased 68.9% YoY.
• The earnings per share (EPS) of Zee Media Corporation Ltd declined at 0.25 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Zee Media Corporation Ltd is a prominent player in the Indian media industry, primarily focusing on news broadcasting and digital media. The company operates several television channels and digital platforms, delivering news content in multiple languages across India. Zee Media is part of the larger Essel Group, known for its diverse interests in media, entertainment, packaging, and other sectors. Recent developments for Zee Media have included efforts to expand their digital presence and adapt to the evolving media consumption habits of audiences. However, specific recent major developments for Zee Media Corporation Ltd are not available in the current data.

Revenue

In the second quarter of fiscal year 2026, Zee Media Corporation Ltd reported a total income of ₹179.96 crores. This represents a decrease of 1.7% compared to the previous quarter, where the total income was ₹183.11 crores. However, on a year-over-year basis, there is a significant increase of 35.2% from ₹133.12 crores in the second quarter of fiscal year 2025. The data highlights a substantial annual growth in revenue, suggesting an increase in business activity or market share over the year. The slight quarterly decline, however, points to a potential fluctuation in revenue streams or seasonal influences affecting the company's income.

Profitability

The profitability metrics for Zee Media Corporation Ltd in Q2FY26 show a mixed financial performance. The company faced a loss before tax of ₹13.29 crores, which is an improvement of 80.0% from the loss of ₹66.53 crores recorded in Q2FY25. Quarter-over-quarter, there is a 16.2% increase in loss before tax compared to the previous quarter's loss of ₹11.44 crores. The profit after tax also shows a loss of ₹15.53 crores in Q2FY26, which is a significant improvement from the loss of ₹49.86 crores in Q2FY25, representing a 68.9% year-over-year reduction in losses. The quarter-over-quarter change indicates a 76.3% increase in loss after tax from Q1FY26. The Earnings Per Share (EPS) is recorded at -₹0.25 for Q2FY26, improving from -₹0.80 a year ago, but worsening from -₹0.14 in the previous quarter.

Operating Metrics

Zee Media Corporation Ltd's total expenses for Q2FY26 were ₹193.25 crores, which is a slight reduction of 0.7% from the previous quarter's expenses of ₹194.55 crores. Compared to the same quarter in the previous year, expenses have decreased by 3.2% from ₹199.65 crores. This reduction in expenses year-over-year aligns with the company's improved profitability metrics, despite the ongoing losses. The tax expense for Q2FY26 was ₹2.24 crores, contrasting with a tax benefit of -₹2.63 crores in the previous quarter and -₹16.67 crores in the same quarter last year. This substantial change in tax figures reflects the adjustments in the company's taxable income and possibly changes in tax strategies or regulations affecting the company.