Zee Media Corporation Ltd reports consolidated loss of Rs 10.38cr against loss of Rs 25.31cr last year

Zee Media Corporation Ltd (Zee Media) on Wednesday reported a consolidated loss of ₹10.38 crore against a loss of ₹25.31 crore in the corresponding period of the previous year.

This came as expenses climbed to ₹199.30 crore from ₹185.11 crore in the year-ago period, even as total revenues inched up from ₹144.21 crore to ₹177.35 crore in the April-June 2024 quarter.

On a standalone basis, Zee Media suffered a loss of ₹14.48 crore compared with ₹20.19 crore a year ago. During this period, revenue from operations grew to ₹126.15 crore from ₹97.89 crore.