Zee Entertainment Enterprises Limited reported a consolidated net loss of ₹1,037 million for Q4 FY26, a significant improvement from the net loss of ₹1,884 million in the corresponding quarter of the previous year. The company's digital business, ZEE5, achieved breakeven during the fiscal year, delivering 53% year-on-year revenue growth and a positive EBITDA compared to a loss of ₹5,480 million in the previous year. The board of directors has recommended a dividend of ₹2 per equity share for FY26, subject to shareholder approval.

Q4 Financial Performance

Revenue from operations for the quarter stood at ₹20,248 million, a decrease from ₹21,841 million in the same period last year. The reduction in net loss signals improvement in cost management, even as top-line contraction points to ongoing challenges in revenue generation. The company recorded an adjusted EBITDA margin of 6.9% for the quarter, excluding one-off charges and the impact of the Middle East conflict on advertising revenues.

Operational Highlights

ZEE5 achieved its highest ever quarterly revenues in Q4 FY26, growing 71% year-on-year to ₹4,700 million. The platform's success was attributed to a 7-language strategy and the release of over 120 shows and movies, including 34 originals. The company's network share increased by 80 basis points to 17.4% during the quarter, with its flagship Hindi GEC, Zee TV, reporting robust GRP growth of 40%.

Advertising revenues declined 4% year-on-year, severely impacted in March by the Middle East conflict which caused advertisers to hold back spends. However, the company noted that adjusted for this impact, advertising revenues would have witnessed low single-digit growth. Subscription revenues registered a 4% year-on-year growth, primarily driven by the digital business.

Strategic Investments and Outlook

The board approved strategic investments during the quarter, including ₹20 crores in CORE Private Limited to drive the Live business and up to ₹116 crores in Phantom Digital Effects Limited to enhance capabilities in the AVGC segment. The company also changed its movie rights amortization pattern to a front-loaded model, recognizing 50% in the first two years and the balance in the next three.

Management remains focused on driving revenue growth while maintaining cost prudence. Cash and treasury investments as of March 2026 stood at ₹27.6 billion, comprising cash, fixed deposits, and mutual fund investments.

zee entertainment has announced that it will participate in an upcoming investor conference scheduled for May 28, 2026. The event will be held in Mumbai and will serve as a platform for engagement with investors and analysts.

Conference Details

The conference is organized as part of the 360 ONE Capital (B&K) 16th Annual Investor Conference, themed TRINITY INDIA 2026. The meeting will be conducted in a physical format, allowing for direct interaction between the company's management and market participants.

The following table outlines the key particulars of the event:

Disclosure Statement

Zee Entertainment Enterprises Limited clarified that no unpublished price sensitive information is proposed to be shared by the company during this conference. The disclosure was made to the stock exchanges in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.