Zee Media Corporation Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
ZEEMEDIA · price
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Awaiting price reaction for this filing.
Zee Media Corporation reported its Q1 FY26 results with standalone revenue from operations rising ~12.2% year-on-year to Rs. 14,152 lakhs (from Rs. 12,615 lakhs), while consolidated revenue grew ~3.6% to Rs. 18,236 lakhs. Standalone net loss narrowed sharply to Rs. 662 lakhs from Rs. 1,448 lakhs a year ago, and consolidated loss after tax also improved to Rs. 881 lakhs (from Rs. 1,038 lakhs). Loss per share stood at Rs. 0.11 standalone and Rs. 0.14 consolidated. The statutory auditor flagged a material uncertainty related to going concern, noting the company has negative working capital and cumulative losses of Rs. 10,033 lakhs (standalone) / Rs. 11,942 lakhs (consolidated) in FY25. To address liquidity, the company is pursuing fund-raising plans including FCCBs of up to USD 46.59 million (10-year, 5% coupon) and has already received Rs. 5,000 lakhs from FPI warrant allotments in the previous year. Promoter group warrant allotment of 13.5 crore warrants to Elitecast Media remains tied up in court/DRT proceedings.
The going-concern flag and continued losses may weigh on investor sentiment, but the sharp YoY reduction in losses and revenue recovery could provide some support. Key things to watch are the progress of the FCCB issuance and resolution of the promoter group warrant matter, which are critical to the company's liquidity and equity story.