ArdorComm Media News Network
May 21, 2026
Zee Entertainment Enterprises reported a consolidated net loss of ₹104 crore in the quarter ended March 31, reversing from a profit of ₹188 crore recorded in the same period last year. The decline was mainly attributed to revised estimates for movie rights inventory amortisation and additional impairment charges booked during the quarter.
The media company also missed its FY26 profitability guidance, posting an adjusted EBITDA margin of 9.3%, significantly lower than its projected 18-20% range. Weak advertising demand, increased spending on growth-focused businesses and one-time accounting adjustments impacted overall performance.
For the March quarter, adjusted EBITDA dropped 51% year-on-year to ₹140 crore, while margins narrowed to 6.9%, highlighting continued pressure on the broadcaster’s earnings.
Source: Economic Times