Zee Media Corporation Limited — Board Meeting, 05-05-2025: Outcome of Board Meeting

Zee Media has announced a board meeting on May 5, 2025, where it approved the consolidated financial results for the quarter and half-year. Revenue declined to Rs. 632.97 Cr in FY25 from Rs. 663.03 Cr last year, while losses widened to Rs. 119.42 Cr. Rising operational costs and depreciation weighed on profitability. To shore up liquidity, Zee Media raised Rs. 50 Cr through fully convertible warrants and plans to issue USD 46.59 million FCCBs at 5% coupon. The board reappointed Chandra Wadhwa & Co. as cost auditors and set up two wholly-owned subsidiaries in the US and India to boost its digital and broadcast footprint.