Zee Media Q1 FY27 Revenue ₹1,908.5M, Profit Down 17.8%
Zee Media Corporation Limited (ZMCL) reported consolidated revenues of ₹1,908.5 million for the first quarter of fiscal 2027, a 4.7% increase year-over-year. Operating expenditure rose by 7.4% to ₹1,745.9 million. Consequently, Operating Profit (EBITDA) saw a decline of 17.8% to ₹162.6 million compared to the same quarter last year. The company highlighted strategic growth initiatives, aiming to transform into a diversified revenue stream media organization with a focus on content and technology, leveraging AI and data. Key revenue drivers included a significant 47.7% surge in Advertising Revenue, while Subscription Revenue grew by 9.9%. Other sales and services revenue saw a 100% decrease, indicating a shift in business focus.
Key Highlights
- Q1 FY27 revenue increased 4.7% to ₹1,908.5 million.
- Operating Profit (EBITDA) declined 17.8% to ₹162.6 million.
- Advertising revenue surged 47.7%, while subscription revenue grew 9.9%.
- Company is transforming towards diversified revenue streams beyond advertising.
- Strategic focus on content, technology, data, and AI for future growth.
Price Impact
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