Q2 FY27: ZEE5 revenue doubles as digital growth lifts subscriptions
ZEEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.9 pts less than its TV Broadcasting & Software Production peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Q2 FY27 operating revenue rose 13% year on year. ZEE5 revenue more than doubled to INR 6.3 billion; subscription revenue grew 30%. Earnings before interest, tax, depreciation and amortisation were INR 708 million, with a 3.2% margin. Profit after tax was INR 456 million. FIFA and marketing costs rose. Management expects digital growth in H2, aided by 35% to 40% FIFA subscriber retention. Cash and investments reached INR 25.7 billion.
Digital growth and 35% to 40% FIFA subscriber retention support H2, but FIFA and marketing costs keep near-term margins subdued.