Zee Media Corporation Limited — Important, 11-02-2025: General Updates

Zee Media Corporation Limited has shared its financial results for the quarter and nine months ended December 31, 2024. Key highlights include total revenue of ₹1,594.5 million for Q3FY25, reflecting a 22.0% increase from Q2FY25, although down 4.7% compared to Q3FY24. Advertising revenue grew to ₹1,484.2 million, up 24.5% QoQ but down 5.5% YoY. Operating profit (EBITDA) significantly improved to ₹64.9 million compared to a loss of ₹314.4 million in the previous quarter and a loss of ₹254.3 million in Q3FY24.

On the operational front, Zee News has climbed to 4th position with 53.5 million viewers, and Zee Business leads the Hindi business news segment with a 68.8% market share. The digital portfolio achieved 2 billion page views and 231 million monthly active users in Q3FY25. The company is set for strategic growth, having approved the issuance of fully convertible warrants, along with plans to raise up to ₹40,000 lakhs through various financial instruments. These developments present a positive outlook for investors as the company reinforces its market position and revenue streams.