ZEEL's Profit Surge: How Cost Management Led to Financial Growth

Zee Entertainment Enterprises Ltd reported a nearly three-fold increase in net profit for December quarter FY25, reaching Rs 163.6 crore. This growth was attributed to reduced operational costs. Revenue, however, saw a slight decline due to a delay in B2B deal renewals and decreased advertising revenue.

Zee Entertainment Enterprises Ltd (ZEEL) announced a significant rise in its consolidated net profit for the December quarter of FY25, with figures jumping to Rs 163.6 crore. This marks a nearly three-fold increase, primarily driven by stringent cost management measures, particularly in operating expenses.

Comparatively, ZEEL had marked a net profit of Rs 58.5 crore during the same quarter the previous year. The company's filing further revealed a decline in revenue from operations, registering at Rs 940.6 crore against Rs 1,027.4 crore in the prior year. Nonetheless, overall expenses saw a notable decrease.

The company highlighted that its profitability was bolstered by efficient cost controls, although revenue growth was hampered by a delay in renewing a B2B deal. Advertising revenue fell by 8 percent year-on-year, attributed to a sluggish festive season impacting FMCG ad spending.

(With inputs from agencies.)