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Zee Entertainment: Slow recovery queers the growth pitch

Nitin Sharma   •

ZEEL’s financials have been under pressure since Q4FY22 and its EBITDA margins in the first two quarters have been the lowest in the last 10 quarters

We anticipate subdued margins for ZEE on aggressive investment, rising programming costs and slower top-line growth, indicating limited upside in the near term

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More