Mumbai: Zee Entertainment Enterprises slipped into a net loss in the March quarter and fell short of its FY26 profitability target as weak advertising demand, higher investments in growth businesses and one-time accounting charges weighed on earnings.The broadcaster reported a consolidated net loss of ₹104 crore for the quarter ended March 31, compared with a profit of ₹188 crore a year earlier, largely due to changes in estimates for movie rights inventory amortisation and additional impairment charges recognised during the quarter.For FY26, Zee posted an adjusted EBITDA margin of 9.3%, sharply below its earlier guidance of 18-20%, reflecting pressure from a weak advertising environment, elevated investments in growth initiatives and one-time accounting changes. Adjusted EBITDA for the March quarter fell 51% year-on-year to ₹140 crore, with margins contracting to 6.9%.
Zee posts Rs 104 crore net loss in March qtr
Zee Entertainment Enterprises has reported a net loss for the March quarter. The company also fell short of its FY26 profitability target. Weak advertising demand and increased investments in growth businesses impacted earnings. One-time accounting charges also played a role. Adjusted EBITDA margins saw a significant contraction year-on-year.
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