ZEE5 logs Rs 300 cr revenue for Q2 FY26

ZEEL also reported a significant reduction of over 80% in EBITDA losses for ZEE5

by e4m Staff
Published: Oct 17, 2025 11:37 AM | 2 min read

Zee Entertainment Enterprises Ltd (ZEEL) has reported its highest-ever quarterly revenue from its OTT platform ZEE5, which crossed Rs 300 crore in Q2 FY26 — a 32% year-on-year jump — as the company moves closer to profitability in its digital business.

The company also reported a significant reduction of over 80% in EBITDA losses for ZEE5, underscoring its progress toward achieving profitability in the digital segment. The EBITDA loss reduced to Rs 31.2 crore in Q2 FY26, compared to a much higher loss in the same period last year.

In its statement, ZEEL said, “The strategic approach adopted by the digital business to leverage its inherent strengths across languages to launch seven tailor-made subscription packs is garnering a positive response from consumers. The adoption of language packs in Hindi, Tamil, Telugu, Kannada, Malayalam, Bengali, and Marathi has contributed to the overall subscription revenue growth during the quarter.”

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Speaking about the performance of the digital business in the company’s earnings call, Mukund Galgali, Deputy CEO and CFO, said, “ZEE5 continues to demonstrate healthy growth with stable usage and engagement metrics. Its revenues increased by 32% YoY in Q2, aided by enhanced content offerings across seven languages and the revised pricing strategy, driving our subscriber growth. This is in line with our strategic priorities, as we remain sharply focused on maintaining a balanced cost structure, driving return on investments to sustain our long-term growth. We also registered our highest ever quarterly revenue crossing Rs 3,000 mn leading to more than 80% reduction in EBITDA losses to Rs 312 mn in Q2 FY26, aligned with our stated objective to achieve breakeven in ZEE5.”

Punit Goenka, CEO of ZEEL, added, “The company is taking firm steps to build a robust foundation for its future growth. One of the most significant results of these steps is the continued improvement in our digital business, quarter on quarter. Our strategic approach focused on the performance and profitability of ZEE5 is yielding considerable results. We remain committed to achieving profitability in this segment in the quarters to come, on the back of these concerted steps.”