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

29-07-2025 | 06:07 pm

Zee Media's board approved Q1 FY26 consolidated financial results. Revenue from operations rose to ₹182.36 Cr, with net loss narrowing to ₹8.81 Cr.

The company is focused on strengthening finances, having received ₹50 Cr from warrants issued to FPIs, part of a ₹200 Cr plan. The board also approved raising up to USD 46.59 million via FCCBs, with documents signed. An expected ₹164.7 Cr from warrants issued to a promoter group entity is pending court orders. Despite ongoing losses, management is implementing cost cuts and has a plan for higher revenues, aiming to ensure long-term stability.

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