Wednesday, December 4, 2024

Zee Media Corporation Ltd. Announces H1FY25 Earnings

Zee Media Corporation Ltd.  one of the leading and largest news networks of India,approved and took on record the financial results of ZMCL for the quarter and half year ended September 30, 2024.

For H1FY25 (Cons), the revenue was reported at Rs. 3066.6 Mn. The EBITDA came in at -166.60 Mn, with loss shrinking YoY, from -399.60 Mn (H1FY24).

Zee News, the company’s flagship Hindi news channel, has significantly improved its market reach, now ranking 4th with an impressive 58 million viewers [Source: BARC, All 15+, Zee News, 0600-2400 hrs, WK 41’24 (4 weeks rolling average)].

Zee Business is leading the Hindi business news segment with a whopping 77.4% market share, average weekly reach of 1.2 mn and 33.7 minutes ATSV [Source: BARC, All 22+, Male ABC, HSM, 0600-2400 hrs WK 41’24 (4 weeks rolling average)].

The company’s digital portfolio with its 18 brands in 11 languages had 1.9 Bn pageviews in Q2FY25, and MAU of 214 Mn in Q2FY25.Zee Digital ranks 3rd in the overall news & Information category (ComScore –Sep’24).

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