Zee Entertainment Enterprises Ltd

Zee Entertainment Q1 results: Zee Entertainment announced a 14% jump in its net profit for the April-June quarter of the 2025-26 fiscal year, as the firm's expenses dropped nearly 15% YoY in the first quarter of the current financial year. Shares closed lower after Tuesday's stock market session.

Zee Entertainment Enterprises' stock surged around 7 percent in intra-day trade on Thursday, March 20, after CLSA reaffirmed its 'outperform' rating with a target price of ₹170, indicating nearly 70 percent upside from its previous close.

In December, the court had directed Cyquator Media to deposit ₹61.64 crore after it defaulted on a ₹100 crore term loan from Axis Finance

Goenka said the voluntary cut is in line with his goal of driving frugality, optimisation and a sharp focus on quality content.

Zee, which has already been struggling since its merger breakdown with Sony, should be negatively impacted by the creation of a larger entity, analysts said.

Zee Entertainment Q1 results: Zee Entertainment announced a 14% jump in its net profit for the April-June quarter of the 2025-26 fiscal year, as the firm's expenses dropped nearly 15% YoY in the first quarter of the current financial year. Shares closed lower after Tuesday's stock market session.

In December, the court had directed Cyquator Media to deposit ₹61.64 crore after it defaulted on a ₹100 crore term loan from Axis Finance

Goenka said the voluntary cut is in line with his goal of driving frugality, optimisation and a sharp focus on quality content.

Zee, which has already been struggling since its merger breakdown with Sony, should be negatively impacted by the creation of a larger entity, analysts said.