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Zee Media Corporation LimitedBoard Meeting, 29-07-2025: Outcome of Board Meeting

29-07-2025 | 05:57 pm

Zee Media's Board approved the financial results for the quarter ended June 30, 2025. The company reported a consolidated loss of ₹8.81 Cr on revenues of ₹182.36 Cr for the period.

To strengthen financials, Zee Media is pursuing multiple funding avenues: they received ₹50 Cr from preferential warrants issued to Foreign Portfolio Investors (FPIs) last year, and have approved raising up to $46.59 million via Foreign Currency Convertible Bonds (FCCBs), though none have been issued yet. The company is also awaiting balance funds from promoter warrants due to ongoing court matters. Despite a loss and negative working capital, management is focused on cost rationalization and has a business plan to boost operational cash flow.

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