Zee Entertainment trades 2% lower ahead of Q1 earnings: Here are five recent developments to know

Ahead of the earnings, shares of the company were trading at ₹138.85 apiece on the National Stock Exchange, falling 2.11%. The stock had touched an intraday low of ₹138.68 per share during the session.

Over the last five trading days, shares of Zee have lost almost 4%. For a month’s period, it has declined over 7%.

However, since January 22, 2025, which is six months, the stock has climbed 17.4%. Year-to-date, it has increased 12.6%.

The company’s market capitalisation stands at ₹13,336.81 crore.

Shares of the firm had touched their one-year high of ₹154.90 apiece on August 27, 2024, while their 52-week low of ₹89.32 was hit on March 4, 2025.

Here are some of the latest developments of Zee to know

On July 11, the shareholders of Zee rejected a proposal to raise ₹2,237.44 crore from promoter group entities. This would have increased the promoter’s shareholding to 18.4% in the company.

The special resolution to issue fully convertible warrants to the promoter group on a preferential basis received only 59.514% of the votes in favour, while 40.48% were against the proposal. Being a special resolution, it needed 75% shareholder approval.

The company's scrutiniser, in its report, said, “As the number of votes cast in favour of the resolution was not more than three times the number of votes cast against, the special resolution has not been passed with the requisite majority.”

The media firm has plans to break even on its digital business, Z5 or Zee5, in the current financial year. 

Zee Entertainment intends to have a TV viewership share of 17.5% in the present year, as against the 16.8% share it had in the previous financial year.

The company is creating a significant cash reserve, according to the investor presentation. “Zee to create a significant cash reserve in order to compete effectively with the competitor and to act proactively to address any rapid market shift,” it said.

Zee also plans to enhance its digital offerings in a profitable manner both domestically and internationally without going beyond the content ecosystem.

The firm is developing new business verticals to expand its target audience and augment revenue streams. It is also developing a new distribution business model to capture and retain a larger pool of eyeballs. Zee is investing in media tech to enhance the viewership experience.

The company had entered a strategic equity partnership with Bullet, a new-age content & tech start-up, last month.

ZEEL did not share many details on the transactions but said, "It will invest/acquire a stake in Bullet."

Co-founded by entrepreneurs Azim Lalani and Saurabh Kushwah, Bullet has developed India's first micro-drama application focused on fast-paced, creator-driven content through short-duration vertical-format episodes targeted towards younger audiences.

"Bullet will be launched within the ZEE5 ecosystem, leveraging its strong user base by enabling access to high-quality, bite-sized entertainment directly through the platform," according to a joint statement.

"In order to further engage ZEE5’s users across the nation, the application will be available across languages and will harness the company’s rich content engine and repertoire of language content," it added.

Zee had posted a multi-fold jump in its consolidated net profit for the fourth quarter of the fiscal year 2024-25 to ₹188.4 crore, up 1,305.97% year-on-year (YoY) from ₹13.4 crore in Q4FY24.

The total income of the company jumped 6.15% to ₹976 crore in the quarter under review, rising from ₹919.5 crore in the year-ago quarter.

In "Q4 FY25 growth led by subscription revenue & other sales & services," ZEEL had said, adding that it "enhanced profitability despite a weak advertising environment."

Advertising revenue of ZEEL decreased by 4.2% to ₹837.5 crore in the January-March quarter of FY25.

ZEEL’s revenue from subscriptions jumped 3.9% to ₹986.5 crore during the period under review. The growth was "driven by both linear subscription revenue and ZEE5," it said.

Revenue from ZEEL’s ‘other sales & service’ segment increased threefold to ₹360.1 crore in the March quarter.