Zee Media Corporation Reports 25.3% Revenue Growth in Q1 FY25

Zee Media Corporation Limited (ZMCL) has released its financial and operational performance for the quarter ended June 30, 2024 (Q1 FY25).

The company reported an impressive 25.3% year-over-year growth in operating revenue, reaching ₹1,759.6 million in Q1 FY25 compared to ₹1,404.1 million in Q1 FY24.

The company also achieved a significant turnaround in operating profit (EBITDA), reporting ₹147.7 million in Q1 FY25. This marks a sharp contrast from the operating loss of ₹197.4 million in the corresponding quarter of the previous fiscal year. Total revenue for the quarter mirrored the growth in operating revenue, standing at ₹1,759.6 million, up from ₹1,404.1 million in Q1 FY24, further confirming the 25.3% growth trajectory.

In terms of market performance, Zee Business continues to dominate the Hindi business news segment, commanding a 60.3% market share with an average weekly reach of 1.3 million viewers and 28 minutes of Average Time Spent Viewing (ATSV). Zee Bihar Jharkhand maintained a strong presence in its region, securing the 2nd rank with 12 minutes ATSV and reaching 1.7 million viewers. Similarly, Zee Rajasthan solidified its leadership position with a 40.8% market share and 18.3 minutes ATSV, continuing to be the top choice for Rajasthani audiences.

ZMCL’s other regional channels also performed well, with Zee Madhya Pradesh Chhattisgarh achieving a 3rd place ranking with a 20.5% market share and 11.4 minutes ATSV. The channel’s events like “Education Conclave 2024” and “Emerging Madhya Pradesh” have further enhanced its regional influence. Zee Delhi NCR Haryana topped its market with a 51.9% share and 9.2 minutes ATSV, reinforcing its regional stronghold.

Zee Digital has also maintained a strong performance, ranking 3rd in the overall news and information category. This consistent engagement across its digital platforms highlights ZMCL’s success in delivering relevant content to its target audiences, ensuring its sustained growth and market leadership.

About Zee Media Corporation Limited

Zee Media Corporation Limited is one of the largest News networks in India, with 14 news channels in 7 different languages.

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