Depreciation and interest pushed Zee Media to a Rs 12.12 cr loss
The consolidated business generated Rs 16.26 cr of operating profit, but a Rs 26.08 cr depreciation charge drove the quarter into the red.
Filed 14 Aug 2026, 18:37 IST · after market close · ZEEMEDIA (ZEEMEDIA)
Key takeaways
- Zee Media reported a consolidated net loss of Rs 12.12 cr as depreciation of Rs 26.08 cr and interest of Rs 5.09 cr outweighed operating profit.
- Operating profit of Rs 16.26 cr translated into an 8.52% operating margin, but was insufficient to cover non-operating charges.
- A Rs 1.13 cr tax credit partly reduced the Rs 13.25 cr pre-tax loss, while other income was limited to Rs 1.66 cr.
Operating profit did not cover below-operating charges
Zee Media's consolidated revenue of Rs 190.85 cr generated operating profit of Rs 16.26 cr, but depreciation of Rs 26.08 cr alone exceeded that profit. Interest of Rs 5.09 cr further widened the deficit, leaving profit before tax at a loss of Rs 13.25 cr.
The quarter lacked a meaningful non-operating offset
Other income was Rs 1.66 cr, too small to offset the depreciation and interest burden. The Rs 1.13 cr tax credit reduced the reported loss to Rs 12.12 cr, so the tax line provided some relief but did not change the operating picture.
Results were filed after market close
The consolidated Q1FY27 results were filed on 14 August 2026 at 18:37 IST, after market close. There is no post-results market reaction to assess yet, and no year-on-year or sequential comparison is available in the reported period data.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹191 cr |
| Other income | ₹2 cr |
| Expenses | ₹175 cr |
| Operating profit | ₹16 cr |
| Operating margin (%) | 8.52% |
| Interest | ₹5 cr |
| Depreciation | ₹26 cr |
| Profit before tax | ₹-13 cr |
| Tax | ₹-1 cr |
| Net profit | ₹-12 cr |
| EPS (₹) | ₹-0.19 |
What to watch
- Whether operating margin holds above 8.52% in the next reported quarter.
- Whether depreciation remains above the Rs 16.26 cr operating-profit level.
- Whether interest stays near the Rs 5.09 cr quarterly burden.