Results for the FY 2025-26

Zee Media reported strong turnaround in FY 2025-26 on standalone basis with revenue from operations growing 25.6% to Rs. 57,153 lakhs (vs Rs. 45,488 lakhs in FY24-25), and PAT swinging to a profit of Rs. 1,693 lakhs from a loss of Rs. 10,033 lakhs previously. On consolidated basis, revenue grew 22.1% to Rs. 75,918 lakhs with PAT of Rs. 190 lakhs vs a loss of Rs. 11,942 lakhs. However, Q4 standalone PAT was a loss of Rs. 1,432 lakhs. The auditor issued an unmodified opinion but highlighted a material uncertainty related to going concern due to accumulated losses and negative working capital, though the financials have been prepared on a going concern basis. An exceptional item of Rs. 479 lakhs (goodwill impairment in a subsidiary) was recognised. The Company also disclosed a SEBI Show Cause Notice dated 12 Feb 2026 for alleged regulatory violations, against which it has filed a settlement application. Warrants worth Rs. 5,000 lakhs allotted to FPIs were forfeited after they declined to exercise.