{"id":141358,"date":"2023-02-13T13:32:19","date_gmt":"2023-02-13T18:32:19","guid":{"rendered":"https:\/\/44.250.171.167\/?p=141358"},"modified":"2023-02-13T13:32:21","modified_gmt":"2023-02-13T18:32:21","slug":"zee-entertainment-q3fy23-net-profit-drops-by-92-per-cent","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/zee-entertainment-q3fy23-net-profit-drops-by-92-per-cent\/","title":{"rendered":"Zee Entertainment Q3FY23 net profit drops by 92 per cent"},"content":{"rendered":"\n<p>Zee Entertainment Enterprises (ZEE) posted 92 percent fall in consolidated net profit at Rs 24.3 crore for the October-December 2022 quarter, compared to Rs 299 crore in the same period a year-ago.<\/p>\n\n\n\n<p>Meanwhile, its revenue from operations remained flat at around Rs 2,111 crore, down 0.1 percent year-on-year, Zee reported in an exchange filing . Advertising revenue fell to Rs 1,063 crore from Rs 1,261 crore in Q3 FY22.<\/p>\n\n\n\n<p>Exceptional items like provisions for Zee Learn&#8217;s insolvency case and receivables from Siti Networks, as well as one-time bonus as part of talent retention plan dragged down the bottom line. Exceptional item aggregated to Rs 169 crore.<\/p>\n\n\n\n<p>EBITDA (earnings before interest, taxes, depreciation and amortization) fell 27.5 percent YoY to Rs 343.8 crore against Rs 479 crore. Operating margins contracted to 16.3 percent from 22.7 percent on elevated investment in content, marketing and technology.<\/p>\n\n\n\n<p>&#8220;Network share gains in South cluster was offset by soft performance in Marathi and seasonal dip in Hindi movies,&#8221; said the company in its earnings presentation.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"841\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/adffa939-81d2-4a7a-af3f-9a1a4f78c6c7-841x1024.png\" alt=\"\" class=\"wp-image-141359\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/adffa939-81d2-4a7a-af3f-9a1a4f78c6c7-841x1024.png 841w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/adffa939-81d2-4a7a-af3f-9a1a4f78c6c7-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/adffa939-81d2-4a7a-af3f-9a1a4f78c6c7-768x935.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/adffa939-81d2-4a7a-af3f-9a1a4f78c6c7-1261x1536.png 1261w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/adffa939-81d2-4a7a-af3f-9a1a4f78c6c7-1681x2048.png 1681w\" sizes=\"auto, (max-width: 841px) 100vw, 841px\" \/><\/figure>\n\n\n\n<p>Meanwhile, Zee5&#8217;s revenue jumped Rs 194 crore, registering 33 percent YoY growth. Average watch time for the quarter was 169 minutes. Zee Music Company witnessed 246 percent YoY growth on video views and 12 million subscribers&#8217; addition since Q2 FY22 on back of new age catalogue, the company noted.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zee Entertainment Enterprises (ZEE) posted 92 percent fall in consolidated net profit at Rs 24.3 crore for the October-December 2022 quarter, compared to Rs 299 crore in the same period a year-ago. Meanwhile, its revenue from operations remained flat at around Rs 2,111 crore, down 0.1 percent year-on-year, Zee reported in an exchange filing . [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":27118,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5749],"tags":[1951,11575,11576],"class_list":["post-141358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-entertainment-stocks","tag-entertainment","tag-ott","tag-web-series"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":142393,"url":"https:\/\/alphastreet.com\/india\/zee-entertainment-posted-92-per-cent-fall-in-net-profit-in-q3fy23\/","url_meta":{"origin":141358,"position":0},"title":"Zee Entertainment posted 92 per cent fall in net profit in Q3FY23","author":"Chirag Gupta","date":"February 21, 2023","format":false,"excerpt":"Zee Entertainment Enterprises (ZEE) posted 92 percent fall in consolidated net profit at INR 24.3 crore for the October-December 2022 quarter, compared to INR 299 crore in the same period a year-ago. Meanwhile, its revenue from operations remained flat at around INR 2,111 crore, down 0.1 percent year-on-year, Zee reported\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":147308,"url":"https:\/\/alphastreet.com\/india\/zee-entertainment-enterprises-ltd-q4fy23-results-out-revenue-drops-by-9\/","url_meta":{"origin":141358,"position":1},"title":"Zee Entertainment Enterprises Ltd  Q4FY23 results out, revenue drops by 9%","author":"Chirag Gupta","date":"May 25, 2023","format":false,"excerpt":"Zee Entertainment Enterprises is mainly in the following businesses: Broadcasting of Satellite Television Channels, Space Selling agent for other satellite television channels, and Sale of Media Content i.e. programs \/ film rights \/ feeds \/music rights. ZEE Entertainment was started in 1982 by Subash Chandra (The media baron of India).\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":177268,"url":"https:\/\/alphastreet.com\/india\/zee-entertainment-q3-fy26-earnings-results\/","url_meta":{"origin":141358,"position":2},"title":"Zee Entertainment Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 23, 2026","format":false,"excerpt":"Zee Entertainment Enterprises is mainly in the following businesses: Broadcasting of Satellite Television Channels, Space Selling agent for other satellite television channels, and Sale of Media Content i.e. programs \/ film rights \/ feeds \/music rights. Q3 FY26 Earnings Results Zee Entertainment reported 15% YoY revenue growth in Q3 FY26\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132201,"url":"https:\/\/alphastreet.com\/india\/infographic-indus-towers-shares-fell-sharply-after-q1-profit-slumps-net-profit-down-by-66\/","url_meta":{"origin":141358,"position":3},"title":"Infographic: Indus Towers shares fell sharply after Q1 profit slumps, Net Profit down by 66%","author":"Chirag Gupta","date":"August 3, 2022","format":false,"excerpt":"Consolidated net profit fell by 66 percent year-on-year to Rs 477 crore in the quarter as topline grew merely three percent to Rs 6,897 crore and operating profit shrank 36 percent to Rs 2,262 crore. Operating cash flow tanked 60 percent to Rs 807 crore reflecting the impact of non-payment\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":142998,"url":"https:\/\/alphastreet.com\/india\/earnings-dlf-ltd-nsedlf-q3fy23-results-out-total-income-fell-7-yoy\/","url_meta":{"origin":141358,"position":4},"title":"Earnings | DLF Ltd (NSE:DLF): Q3FY23 Results Out; Total Income fell 7% YoY","author":"Divyansh_Kasana","date":"February 28, 2023","format":false,"excerpt":"DLF Ltd (NSE:DLF) is a real estate company in India that develops residential, commercial, and retail properties. The company is one of the largest real estate developers in India, and is headquartered in New Delhi. DLF has a presence in over 15 states across India and has completed more than\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169317,"url":"https:\/\/alphastreet.com\/india\/zee-entertainment-enterprises-ltd-q1fy25-0-equalled-in-revenue\/","url_meta":{"origin":141358,"position":5},"title":"Zee Entertainment Enterprises Ltd Q1FY25; 0% equalled in Revenue","author":"Chirag Gupta","date":"July 2, 2025","format":false,"excerpt":"Zee Entertainment Enterprises is mainly in the following businesses: Broadcasting of Satellite Television Channels, Space Selling agent for other satellite television channels, and Sale of Media Content i.e. programs \/ film rights \/ feeds \/music rights. 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