Broadcasting & Cable TV company Zee Entertainment Enterprises announced Q4FY26 & FY26 results Consolidated Financial Highlights: Consolidated Revenue from Operations for Q4FY26 was Rs 20,248 million, down 11.20% QoQ from Rs 22,801 million in Q3FY26 and down 7.29% YoY from Rs 21,841 million in Q4FY25. Total Income for the quarter was Rs 21,011 million, as against Rs 22,985 million in Q3FY26 and Rs 22,203 million in Q4FY25. The company posted a Consolidated Net Loss of Rs (1,037) million in Q4FY26, as compared to a Net Profit of Rs 1,548 million in Q3FY26 and a Net Profit of Rs 1,884 million in Q4FY25. For the full year FY26, Consolidated Total Income was Rs 82,450 million, a decline of 2.05% YoY from Rs 84,175 million in FY25. Consolidated Net Profit for FY26 was Rs 2,713 million, representing a 60.07% decrease YoY compared to Rs 6,795 million in FY25. Consolidated Advertisement Revenue for FY26 was Rs 32,243 million compared to Rs 35,911 million in FY25, while Subscription Revenue grew slightly to Rs 40,796 million from Rs 39,261 million in FY25. Standalone Financial Highlights: The company reported a Revenue from Operations of Rs 18,867 million in Q4FY26, representing a decline of 12.19% QoQ from Rs 21,486 million in Q3FY26 and a decline of 5.86% YoY from Rs 20,042 million in Q4FY25. Total Income for Q4FY26 stood at Rs 19,109 million, compared to Rs 21,607 million in Q3FY26 and Rs 20,348 million in Q4FY25. The company recorded a Net Loss of Rs (1,809) million in Q4FY26, a significant downturn compared to a Net Profit of Rs 1,116 million in Q3FY26 and a Net Profit of Rs 1,555 million in Q4FY25. For the full year FY26, Revenue from Operations was Rs 75,670 million, down 1.89% YoY compared to Rs 77,124 million in FY25. Annual Net Profit for FY26 stood at Rs 1,205 million, a sharp decrease of 82.82% YoY from Rs 7,013 million in FY25. Operational costs for Q4FY26 increased to Rs 14,770 million, compared to Rs 13,102 million in Q3FY26 and Rs 12,429 million in Q4FY25. Business Highlights Dividend Recommendation: The Board of Directors has recommended a final dividend of Rs 2 per equity share of face value of Re 1 each for the financial year ended March 31, 2026. Segment Performance: The Group operates in a single reporting segment, namely 'Content and Broadcasting', which includes all its media operations. Inventory Revision Impact: During Q4FY26, the company revised its estimates for recording consumption of premiere movies to reflect changing business strategies. This resulted in an additional non-cash charge of Rs 3,022 million debited to the Operational cost for the year ended March 31, 2026. Slump Sale: The Board approved the sale and transfer of the company's business of syndicating/licensing content to its wholly owned subsidiary, ZI-IPR Enterprises Limited, by way of a slump sale effective April 1, 2026. ICC Rights Dispute: The company is currently in an ongoing arbitration before the London Court of International Arbitration regarding a dispute with Jiostar India Private Limited over broadcasting rights for ICC events. Jiostar has claimed damages of USD 1,097 million, while ZEEL has filed a counterclaim of USD 8.06 million plus interest. FCCB Redemption: The Board approved the redemption of outstanding Foreign Currency Convertible Bonds (FCCBs) amounting to USD 23.90 million and the cancellation of the unutilized commitment of USD 215.1 million. Margo Networks Investment: The company acquired the remaining 10% equity shares in Margo Networks Private Limited during Q4FY26, making it a 100% subsidiary. FY26 results include a tax credit of Rs 969 million on account of the write-off of the Margo investment. Restructuring Costs: The company recognised restructuring costs, including employee termination expenses aggregating to Rs 94 million for the year ended March 31, 2026. Result PDF