Zee Entertainment Enterprises Ltd on May said its consolidated net profit zoomed a whopping 1,300% to Rs 188 crore in the quarter ended March 31, 2025. It reported consolidated net profit of Rs 13.4 crore in the year-ago period.
The media firm's consolidated total income increased marginally to Rs 2,220 crore in Q4FY25 as against Rs 2,185 crore in Q4FY24.
Its FY25 revenue increased 6 percent at Rs 976 crore versus Rs 919.5 crore a year ago .
On May 8, ZEEL's shares on BSE closed 1.1% higher at Rs 111 apiece.
The firm declared dividend of Rs 2.43 per share.
The company reported advertising revenue of Rs 837.5 crore, down from Rs 940.6 crore in the previous quarter. Ad revenue in FY25 ad revenue fell to Rs 3591.1 crore from Rs 4057.7 crore in FY24.
Domestic advertising revenue declined by 27 percent year-on-year (YoY) for the quarter due to slowdown in macro advertising environment, postponement of Zee Cine Award, busy sports calendar and higher base in Q4 FY24, said ZEEL in a stock exchange filing.
In the previous quarter despite the festival season, Zee's advertising revenue had declined by 8.4 percent YoY on continued strain in demand from a constrained FMCG ad budget.
Company's chief executive officer (CEO) Punit Goenka had said that the green shoots they had witnessed during the beginning of the quarter did not pick up at the required pace to drive a positive growth momentum. "This, coupled with the muted spending by FMCG brands in a festive quarter, further slowed the pace of growth for the industry at large. Although there was a marginal pickup in the rural recovery, the lacklustre sentiment in the urban market led to weaker demand and impaired significant income," Goenka had added.
On the other hand, subscription revenue increased in FY25 to Rs 3926.1 crore from Rs 3666 crore in FY24. The YoY growth is driven by both linear subscription revenue and streaming platform ZEE5.
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