ZEEL Zee Entertainment Enterprises Q3 FY26 results (Oct–Dec 2025) and concall
Zee Entertainment reported a strong Q3 FY26, primarily driven by exceptional performance in its digital business, which achieved its first-ever positive EBITDA of INR 56.4 crores on the back of a 73% YoY revenue surge. Overall subscription revenue also saw a 7% YoY growth, contributing to a 310 basis points QoQ improvement in EBITDA margin to 10.5% and a 2x sequential increase in PAT to INR 154.8 crores. While advertising revenues showed a sequential pickup, they remained down 9% YoY, reflecting ongoing softness in FMCG spending.
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What they filed
Q3 FY26: revenue up 15.2%, net profit down 5.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 2,001 | 1,979 | 2,184 | 1,825 | 1,969 −2% | 2,280 +15% |
| EBITDA | 323 | 321 | 298 | 239 | 159 −51% | 256 −20% |
| Net profit | 209 | 164 | 188 | 144 | 76 −64% | 155 −5% |
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.
