News Broadcasting
Zee posts Rs 1,115 crore profit as legal heat with Star rises
MUMBAI: Just when you thought the drama was reserved for primetime, Zee Entertainment’s first quarter of FY26 delivered its own plot twist, a cocktail of climbing profits, flat revenues, and a billion-dollar legal cliffhanger.
For the quarter ended 30 June 2025, Zee posted a standalone profit of Rs 1,115 million, up from Rs 469 million in Q4 FY25. Revenue from operations stood at Rs 16,839 million, a steep drop from Rs 20,042 million in the previous quarter and Rs 20,007 million a year ago. Yet, the bottom line perked up thanks to lower operational costs (Rs 9,574 million), subdued ad spends (Rs 2,531 million), and a positive fair value gain of Rs 185 million.
Consolidated numbers tell a slightly flashier story: Zee clocked Rs 18,498 million in revenue and a net profit of Rs 1,437 million from continuing operations, despite a decline from Rs 22,203 million in the previous quarter. No surprises ad revenue dipped to Rs 7,585 million from Rs 8,375 million, while subscription revenue held steady at Rs 9,817 million.
Zee managed to tame the finance cost dragon just Rs 77 million this quarter and depreciation remained under Rs 600 million. Tax outgo was Rs 535 million on a consolidated basis, including Rs 473 million current tax.
What’s missing from this quarter? Exceptional items. After a Rs 2,024 million pre-tax profit in Q4, Zee reported no one-offs this time, a marked shift from the Rs 361 million in restructuring costs and write-offs reported in the same quarter last year.
Still, the real cliffhanger lies in the 1,003 million dollars legal dispute with Star India. Star claims the termination of their Alliance Agreement was valid and now wants damages that have ballooned from 940 million dollars to over a billion dollars as of April 2025. Zee’s defence? A robust counterclaim and demand to recover 8 million dollars plus interest with arbitration hearings slated for November.
Meanwhile, Zee has been busy spinning off new stories. It incorporated two new entities lbullet Enterprise Limited and Advance Media Distribution Limited in June 2025 to bolster distribution and vertical synergies.
And for those keeping score on compliance subplots: the Securities Appellate Tribunal (SAT) overturned SEBI’s order against one of Zee’s KMPs last October, although investigations continue. For now, it’s one less legal plotline to follow.
With the company’s consolidated EPS at Rs 1.50 and a market bracing for the November arbitration climax, Zee seems to be scripting a cautious yet intriguing comeback.
Zee may be facing more than just viewer fatigue but for now, it’s dodged the ratings dip where it matters most: the bottom line.
News Broadcasting
News TV viewership jumps 33 per cent as West Asia war draws audiences
BARC Week 8 data shows news share rising to 8 per cent despite T20 World Cup
NEW DELHI:Â Even as individual television news channel ratings remain under a temporary pause, the genre itself is seeing a clear surge in audience attention.
According to the latest data from Broadcast Audience Research Council India, television news recorded a 33 per cent jump in genre share in Week 8 of 2026, covering February 28 to March 6.
The news genre accounted for 8 per cent of total television viewership during the week, up from 6 per cent the previous week. The spike in attention coincided with escalating geopolitical tensions involving the United States, Israel and Iran, which have kept global headlines firmly fixed on West Asia.
The rise is notable because it came at a time when cricket was dominating television screens. The high-stakes stages of the ICC Men’s T20 World Cup, including the Super 8 fixtures and semi-finals, were being broadcast during the same period.
Despite the cricket frenzy, viewers appeared to be toggling between sport and global affairs, boosting the overall share of news programming.
The surge in genre share comes even as the government has enforced a one-month pause on publishing ratings for individual news channels. The move followed regulatory scrutiny of the television ratings ecosystem.
While channel-level rankings remain temporarily out of sight, the genre-level data suggests that when global tensions escalate, audiences continue to turn to television news for real-time updates.
