Zee Entertainment shares soar nearly 6% on heavy volumes

Shares of Zee Entertainment rose as much as 5.93% to hit an intraday high of ₹124 on the BSE. On the National Stock Exchange, Zee Entertainment shares advanced as much as 5.98% on the back of higher than usual trading volumes.

Trading volumes in Zee Entertainment shares spiked by two times to over 1.25 crore shares compared with an average trading volume of 66 lakh shares on the National Stock Exchange. On the BSE, as many as 11.09 lakh shares changed hands as against an average of 2.97 lakh shares traded daily in the past two weeks.

The stock was among top gainers in the NIFTY 500 index.

Meanwhile, Zee Entertainment has informed exchanges that it will hold Annual General Meeting on September 15, 2025, at 4:00 pm.

"During the year, your Company leveraged its unique internal strengths and focused on sharpening its core to build a stronger foundation. For us at ‘Z’, growth does not stem only from expansion. It is a result of strategic calibration, exercising sharp cost discipline, effectively optimising the resources and capitalising on the emerging opportunities. In the year gone by, your Company took concerted efforts in each of these areas to build a healthy growth momentum. This enabled us to deliver a steady and positive performance, in turn generating returns for you - our esteemed shareholders," said Punit Goenka, CEO of Zee Entertainment in annual report.

"The Indian M&E sector grew at a modest rate during the year. Even as the new-age media segment has been growing at a healthy pace, other segments like television, print and radio are yet to fully recover to the pre-pandemic levels. During the fiscal, linear TV witnessed a soft advertising environment as spends by FMCG brands and Direct-to-Consumer (D2C) brands were curtailed. The New Tariff Order (NTO) 3.0, aided in partially mitigating the softness in advertisement revenue with an increase in subscription, that was in line with inflation. Despite these challenges, your Company remained resilient, enhancing business fundamentals and strategic initiatives, maintaining its core principles of frugality, optimisation and quality content," Goenka added.

Zee Entertainment Q1 earnings

Zee Entertainment Enterprises posted a 21.67% increase in its consolidated net profit to ₹143.7 crore in the latest April-June quarter of the financial year 2025-26. The company had posted a post-tax profit of ₹118.1 crore a year back.

The media firm's total income declined 13.94% to ₹1,849.8 crore in the June quarter of FY26, compared to ₹2,149.5 crore in the same period of the previous fiscal year.

The EBITDA (earnings before interest, taxes, depreciation, and amortisation) slid 12% to ₹239 crore as against ₹271 crore in the corresponding period of FY25. Margin stood at 13.1% vs 12.7% a year back.

As of 12:14 pm, Zee Entertainment shares traded 4.57% higher at ₹122.40, outperforming the BSE 500 index which was down 0.41%.