Zee Entertainment Enterprises Ltd. saw its shares decline over 5 % following the release of its Q1 FY26 results, which showed a dip in profitability and revenue across key segments. As of 3:03 PM, the shares were trading 5.29% lower at Rs 134.33.
The company reported a 7% year-on-year drop in net profit to ₹143.7 crore, compared to ₹154.3 crore in the same quarter last year. Total revenue fell 14% YoY to ₹1,825 crore, from ₹2,131 crore.
EBITDA declined 12% to ₹239 crore, with margins slightly improving to 13.1% from 12.7% YoY. Advertising revenue dropped 17% to ₹758.5 crore, while subscription revenue saw a marginal fall of 0.6% at ₹982 crore.
The market reacted negatively to the overall weak performance, especially the steep fall in ad revenue, which remains a crucial contributor to Zee’s topline.
Zee Entertainment shares opened at ₹142.20 and touched a high of ₹143.90 during the session. The stock dipped to a low of ₹133.15. Zee’s 52-week high stands at ₹154.90, while the 52-week low is ₹89.32.
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