Zee Media Q4 Results: Net loss narrows to Rs 46 cr; revenue falls 40% YoY

New Delhi: Zee Media Corporation on Monday said its net loss narrowed to Rs 45.79 crore for the fourth quarter ended March 2023. The company had posted a net loss of Rs 51.45 crore in the January-March quarter of the preceding fiscal, it said in a BSE filing.

Its total revenue from operations fell 40.38% YoY to Rs 147.69 crore in the quarter under review from Rs 247.73 crore in the corresponding quarter of the previous fiscal. ZMCL’s total expenses slipped 18.91% in Q4 FY23 to Rs 178.33 crore against Rs 219.94 crore a year ago.