The company had reported a net loss of Rs 13.43 crore in the same quarter last year.
Zee Media reported net sales of Rs 126.11 crore in the quarter under review as against Rs 130.12 crore in the same quarter a year ago, down 3.08 per cent, the company said in a BSE filing.
"We at Zee Media have been constantly investing on breaking the clutter and creating path-breaking content so that we can distinctly set ourselves apart from the current normal. Our breakthrough experiments in content have borne results," Zee Media Corporation Group CEO, News Cluster, Bhaskar Das said.
Zee Media operates news channels like Zee News and Zee Business and publishes DNA newspaper.
Shares of Zee Media closed at Rs 21.20 apiece, down 7.63 per cent, on BSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%