Zee Media Corporation · NSE: ZEEMEDIA · BSE: 532794

Q2 FY24 results · Jul–Sep 2023

Zee Media Corporation reported revenue from operations of ₹151.59 crore (down 22.2% from Q2 FY23) and net loss of ₹30.70 crore for Q2 FY24 (Jul–Sep 2023), on a consolidated basis.

Consolidated · ₹ crore
Item	Q2 FY24	Q2 FY23	YoY	Q1 FY24	QoQ
Revenue from operations	151.59	194.77	−22.2%	140.41	+8.0%
Other income	2.19	0.82	+167.1%	3.80	−42.4%
Total income	153.78	195.59	−21.4%	144.21	+6.6%
Profit before share of associates & JVs and tax	(41.68)	(8.64)	Loss widened	(34.10)	Loss widened
Share of profit/(loss) of associates & JVs	0.44	0.00		(0.04)
Net profit for the period	(30.70)	(12.08)	Loss widened	(25.31)	Loss widened
EPS, basic (₹)	0.49	(0.19)	Turned profit	(0.40)	Turned profit
Net margin (%)	-20.3	-6.2		-18.0

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q2 FY24	Q2 FY23	YoY	Q1 FY24	QoQ
Revenue from operations	109.30	139.44	−21.6%	97.89	+11.7%
Other income	0.87	2.20	−60.5%	1.98	−56.1%
Total income	110.17	141.64	−22.2%	99.87	+10.3%
Profit before tax	(37.21)	3.70	Turned loss	(27.38)	Loss widened
Net profit for the period	(27.81)	0.48	Turned loss	(20.19)	Loss widened
EPS, basic (₹)	0.45	0.01	44x	(0.32)	Turned profit
Net margin (%)	-25.4	0.3		-20.6

Consolidated

Filed with BSE: 17 Nov 2023, 13:32 IST
Board meeting: 31 Oct 2023
Period: 01 Jul 2023 to 30 Sep 2023
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 17 Nov 2023, 13:32 IST
Board meeting: 31 Oct 2023
Period: 01 Jul 2023 to 30 Sep 2023
Review status: Unaudited
Source: XBRL filing on BSE