Zee Entertainment Enterprises Limited announced the board’s approval of the unaudited standalone and consolidated financial results for Q3 2026. Revenue from operations reached ₹21,486 million. The company’s results reflect ongoing investigations and disputes. The company has strong grounds to defend its positions in ongoing legal matters. The board also continues to monitor progress on material matters and believes no adjustments are required to the financial results.
Financial Performance Highlights
Zee Entertainment Enterprises Limited reported the following key figures:
- Revenue from operations: ₹21,486 million
- Total income: ₹21,607 million
- Profit before tax: ₹1,529 million
- Profit for the period: ₹1,116 million
- Total comprehensive income: ₹1,153 million
Earnings per equity share for continuing operations:
- Basic: ₹1.16
- Diluted: ₹1.16
Ongoing Legal and Regulatory Matters
The company is addressing ongoing investigations by regulatory bodies. Management does not anticipate any material adverse impact on the company regarding these matters.
The Board has appointed an Independent Investigation Committee, and investigations are proceeding.
Dispute with Jiostar
The company is involved in a dispute with Jiostar India Private Limited regarding broadcasting rights. Jiostar has claimed damages. Zee Entertainment believes it has strong grounds to defend against these claims and is taking necessary steps to protect its interests.
Operational Developments
The Company is actively pursuing the liquidation/discontinuing/selling of Margo Networks Private Limited (Margo). The company acquired the remaining 10% equity shares in Margo, thereby making it a 100% subsidiary.
Source: BSE
