Zee Media Q2 net loss widens to Rs 17 cr, ad revenue falls

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26 Aug, 2025 12:21

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Zee Media Corporation posted dismal July-September quarter results with net loss widening to Rs 17 crore from Rs 13.43 crore in year-ago period. The company had to incur an exceptional loss of Rs 6.15 crore due to sale of plant and machinery.

During the quarter, its topline fell 3.1 percent to Rs 127.04 crore compared to Rs 131.14 crore in corresponding quarter last fiscal. EBITDA, however, was up 9.8 percent at Rs 6.72 crore in Q2 against Rs 6.12 crore year-on-year. Finance cost was down 20 percent at Rs 10.2 crore in Q2 versus Rs 12.55 crore (Y-o-Y).

Advertising revenue was almost flat in September quarter. It fell 2.6 percent to Rs 90.6 crore while subscription revenue slipped 3 percent at Rs 27.2 crore. It was expected to gain traction ahead of digitisation Phase III deadline.