Internet revenue surges 180% YoY to Rs 164 crore

Zee Leisure Enterprises Restricted has reported a considerable 179.7 p.c rise in consolidated web revenue for the third quarter of the monetary yr 2024-25, reaching Rs 163.6 crore in comparison with Rs 58.5 crore in the identical interval final yr.

The media firm skilled a notable 8.4 p.c decline in consolidated income from operations, dropping to Rs 940.6 crore from Rs 1,027.4 crore within the earlier corresponding quarter. Regardless of this setback, the corporate demonstrated resilience in key operational areas.

Promoting income witnessed an 8.4 p.c lower, attributed to diminished spending by fast-moving client items (FMCG) firms. Nevertheless, subscription income confirmed constructive momentum, rising by 7 p.c to Rs 982.5 crore, pushed by each linear subscriptions and progress from the ZEE5 streaming service.

Internationally, the corporate’s promoting income stood at Rs 60 crore, with subscription income reaching Rs 86.6 crore. The community’s market share barely declined to 16.9 p.c, with weekly attain marginally lowering from 75.7 crore to 74.6 crore.


Written with the View : afaqs