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Zee Entertainment Enterprises Q2 FY26 results (Jul–Sep 2025) and concall

Media, Entertainment & Publication · Concall AI · Call held 16 Oct 2025

Zee Entertainment reported a mixed Q2 FY26, marked by strong digital growth and strategic content investments, but continued softness in advertising revenue. ZEE5 achieved record quarterly revenue and significantly reduced its EBITDA loss, demonstrating progress towards profitability. However, overall EBITDA margins remained compressed at 7.4% due to increased operating costs. Management expressed cautious optimism for a recovery in advertising and overall profitability in the second half of FY26, while acknowledging that prior growth and margin aspirations are now challenging.

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What they filed

Q2 FY26: revenue down 1.6%, net profit down 63.6% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue2,001 1,979 2,184 1,825 1,969 −2%
EBITDA323 321 298 239 159 −51%
Net profit209 164 188 144 76 −64%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.