Zee CEO reaffirms revenue, margin targets at AGM

Punit Goenka, CEO, Zee Entertainment, on Thursday underscored his commitment to achieving the revenue (8-10%) and margin targets (18-20%) set by the company over the next three years, as it steers through an evolving domestic media market.

Addressing shareholders at the 42nd annual general meeting (AGM), Goenka, who resigned as Zee managing director last week, said that the aim of the company was to deliver a “consistently profitable performance”, centred around frugality, optimisation and a focus on quality content. Goenka had withdrawn himself from reappointment as the MD ahead of the AGM.