Zee Entertainment Q2 Results: Stock falls on weak operating performance, margins narrow

Zee Entertainment Enterprises Ltd. reported its September quarter results on Thursday, October 16. The stock fell in response to the results.

The company reported a net profit of ₹76.5 crore compared to ₹20.9 crore in the September quarter last year.

Its revenue declined by 1.9% to ₹1,995 crore in second quarter from ₹2,034 crore in the same period last year.

Zee Entertainment's earnings before interest, taxes, depreciation and amortisation (EBITDA) declined by 48% to ₹185.4 crore in the July to September period from ₹356.9 crore last year.

Its margin contracted to 9.3% from 17.5% in the year-ago period.

On another note, in June, the company said it is aiming for a breakeven in its digital business Z5 or Zee5 in the current financial year. The business had reported a loss of ₹548 crore on an Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) basis in financial year 2025.

For the current year, Zee Entertainment intends to have a TV viewership share of 17.5%, in comparison to 16.8% share it had in the previous financial year.

Shares of Zee Entertainment are trading 0.7% lower after the results announcement at ₹109.14. The stock is down 11% so far in 2025.

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