ZEEL Zee Entertainment Enterprises Q2 FY26 results (Jul–Sep 2025) and concall
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.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 2,001 | 1,979 | 2,184 | 1,825 | 1,969 −2% |
| EBITDA | 323 | 321 | 298 | 239 | 159 −51% |
| Net profit | 209 | 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.





