Zee Entertainment Enterprises earnings calls.

ZEEL delivered a mixed Q1 FY27 with digital momentum offset by ad market weakness. Z5 revenue surged 58% YoYCurrent reported value: Z5 revenue surged 58% YoY. No comparable prior figure is available in the source record. to ₹457.1 crore for the third consecutive quarter of profitable growth, while total ad revenue declined 11% YoYCurrent reported value: 11% YoY. No comparable prior figure is available in the source record. due to Middle East geopolitical headwinds impacting April-May. EBITDA stood at ₹78.9 croreCurrent reported value: ₹78.9 crore. No comparable prior figure is available in the source record. with 4.1Current 4.1 crore vs previous available quarter 10.5 crore.% margin reflecting elevated sports content amortization and marketing investments for FIFA 2026, which reached 400 million+ consumersCurrent 400 million+ consumers. Reported change: New Record. across platforms. Subscription revenue grew 16% YoYCurrent 16% YoY. Reported change: +16% YoY. driven by digital subscriber additions (doubled in quarter) and higher ARPU. Network market share peaked at 20%Current reported value: 20%. No comparable prior figure is available in the source record. during the quarter—highest in seven years—settling at 17.9%Current 17.9%. Reported change: +110bps YoY. (110bps YoY gain). Management cited cautious optimism around ad recovery aided by improved market share and festive season, while flagging ongoing regulatory/tribunal matters regarding the proposed fundraise. No formal guidance on margins or full-year outlook was provided.