Zee Media Q4 Loss Widens to Rs 37 cr - News
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Zee Media Corporation reported a widened net loss of Rs 36.76 crore in Q4 FY25, with revenue declining by 13%. Advertising and subscription revenue also took a hit. Read more.
New Delhi, May 5 (PTI) Zee Media on Monday reported widening of its consolidated net loss to Rs 36.76 crore for the fourth quarter ended March 2025.
The company had posted a net loss of Rs 6.51 crore during the January-March period of the previous fiscal, according to a regulatory filing from Zee Media Corporation Ltd (ZMCL).
Revenue from operations was down 13 per cent to Rs 155.80 crore in March quarter. Total expenses were at Rs 200.21 crore, up 6.4 per cent from the year-ago period.
In the quarter, ZMCL's advertising revenue was down 13.5 per cent to Rs 145.44 crore. Its subscription revenue was also down 6.9 per cent to Rs 10 crore.
Total income of Zee Media, which includes other income, was also down 16.8 per cent to Rs 161.72 crore.
In FY25, ZMCL's loss widened to Rs 119.42 crore from Rs 98.43 crore a year ago. Total consolidated income was at Rs 632.97 crore, down 4.53 per cent.
ZMCL is one of the leading news networks in India. Formerly known as Zee News Ltd, it operates a cluster of 20 TV news channels.
Shares of ZMCL on Monday settled at Rs 14.38 apiece on BSE, up 2.93 per cent from the previous close.
The company had posted a net loss of Rs 6.51 crore during the January-March period of the previous fiscal, according to a regulatory filing from Zee Media Corporation Ltd (ZMCL).
Revenue from operations was down 13 per cent to Rs 155.80 crore in March quarter. Total expenses were at Rs 200.21 crore, up 6.4 per cent from the year-ago period.
In the quarter, ZMCL's advertising revenue was down 13.5 per cent to Rs 145.44 crore. Its subscription revenue was also down 6.9 per cent to Rs 10 crore.
Total income of Zee Media, which includes other income, was also down 16.8 per cent to Rs 161.72 crore.
In FY25, ZMCL's loss widened to Rs 119.42 crore from Rs 98.43 crore a year ago. Total consolidated income was at Rs 632.97 crore, down 4.53 per cent.
ZMCL is one of the leading news networks in India. Formerly known as Zee News Ltd, it operates a cluster of 20 TV news channels.
Shares of ZMCL on Monday settled at Rs 14.38 apiece on BSE, up 2.93 per cent from the previous close.
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