Zee Entertainment Q2 profit drops 40% to Rs 46 crore as EBITDA margin contracts to 3.2%
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
Zee Entertainment Enterprises reported a 40% decline in consolidated net profit for the quarter ended September 30, 2026. Operating revenue increased by 13%, largely due to growth in subscription revenue supported by the FIFA World Cup 2026. Total expenditure rose by 18%…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe sharp profit decline and EBITDA margin contraction weigh on the outlook for the Indian media group.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Consolidated net profit fell 40% for the quarter ended September 30, 2026.
- 02Operating revenue rose 13%, driven by subscription growth.
- 03Total expenditure increased 18% on programming and promotional costs.