Zee Entertainment Q1: Net Profit Falls 48%, EBITDA plunges 65%

Media firm Zee Entertainment Enterprises posted a 48% year-on-year decline in its Q1 FY27 net profit to Rs 74.3 crore, compared with Rs 143.7 crore reported in the year-ago period. However, on a sequential basis, the company turned profitable against a net loss of Rs 103.7 crore reported in the trailing quarter.

Zee Entertainment’s operating revenue for the April-June quarter stood at Rs 1907.3 crore, advancing 5% YoY from Rs 1,824.8 crore reported in the same quarter last year. However, on a quarter-on-quarter basis, revenue fell 6% compared with Rs 2,024.8 crore reported in the previous March quarter.

In Q1 FY27, its total expenses climbed around 13% YoY to Rs 1,864.4 crore from Rs 1,652.7 crore reported in the same quarter last year.