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Zee Entertainment's Q1 revenue dips 14%—stock slides over 6%
Zee Entertainment's stock slid over 6% after the company reported a 14% year-on-year revenue dip for Q1 FY26, down to ₹1,825cr.
The main culprits? Slower ad sales and a big drop in 'Other sales and services.'
Ad revenue took a hit
Ad revenue took a hit—falling to ₹758cr from last year's ₹911cr—but Zee's digital platforms kept subscription income steady at around ₹982cr.
Even with these challenges, net profit actually rose 22% from last year (to ₹144cr), though it slipped compared to the previous quarter.
Zee's shares have climbed over 9% so far this year
Despite this rough patch, Zee's shares have climbed over 9% so far this year and nearly 14% in six months—showing some staying power even as media sector revenues get squeezed.
On Tuesday, shares closed at ₹133.10 on BSE, down 6.2%.