Tuesday, August 11

Zee Ent Q3 profit falls 5% YoY to Rs 155 cr

Zee Entertainment Enterprises (ZEEL) on Thursday reported a 5% year-on-year (YoY) fall in its December quarter consolidated net profit at Rs 155 crore compared to Rs 164 crore reported in the year ago period. The profit after tax (PAT) is attributable to the shareholders of the company.The company's total revenue stood at Rs 2,280 crore in Q3FY26, rising 15% YoY over Rs 1,979 crore posted in the corresponding period of the last financial year. Meanwhile the revenue from operations stood at Rs 2,149 crore in Q3FY26, up 17% over Rs 1,836 crore posted in the corresponding period of the last financial year.Meanwhile, the profit-after-tax (PAT) surged 103% quarter-on-quarter (QoQ) versus Rs 76 crore in Q2FY26 while the topline grew 9% over Rs 1,969 crore in the July-September quarter of FY26.The company incurred expenses of Rs 2,087 crore in the quarter under review, which gained 11% from Rs 1,880 crore in Q2FY26 and 20% higher YoY from Rs 1,735 crore in Q3FY25. The expenditure was made towards operational costs, employee benefits expense and finance cost among other things.Zee Entertainment shares surged 4.3% following the announcement of Q3 earnings, hitting the day's high of Rs 85.50 on the BSE.MORE TO COME..
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