Zee Entertainment Shares Surge 4% Post Q3 Earnings Despite Margin Pressure
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CNBC TV18•22-01-2026, 15:11
Zee Entertainment Shares Surge 4% Post Q3 Earnings Despite Margin Pressure
- •Zee Entertainment Enterprises Ltd. shares climbed over 4% on Thursday, January 22, following its Q3 earnings release.
- •The company reported a 5.1% year-on-year decline in net profit, reaching ₹155.3 crore.
- •Revenue for the December quarter increased by 15.2% to ₹2,280 crore.
- •Operating performance faced pressure, with EBITDA dropping 19% to ₹259.3 crore.
- •EBITDA margin significantly contracted to 11.4% from 16.2% in the previous year.
Why It Matters: Zee Entertainment shares rose despite a net profit decline and significant margin contraction in Q3.
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