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Zee Media Corporation Ltd. (ZMCL) declares Q2FY22 results: operating revenue for Q2FY22 increased by 37.8% over Q2FY21 to ₹ 2,061.4 mn

Nov 15, 2021

Zee Media Corporation Limited (ZMCL) (BSE: 532794, NSE: ZEEMEDIA) today reported consolidated revenues of ₹ 3,763.2 mn for the half year ended September 30, 2021. The network incurred expenditure of ₹ 2,687.6 mn in the same period. The Board of Directors, in the meeting held today, approved and took on record the financial results of ZMCL for the quarter and half year ended September 30, 2021.

Operating Highlights

 

  • ·      Operating Revenue increased by 37.8% to ₹ 2,061.4 mn in Q2FY22 from ₹ 1,496.1 mn in Q2FY21.
  • ·     Operating Expenditure increased by 42.1% to ₹ 1,439.0 mn in Q2FY22 from ₹ 1,012.6 mn in Q2FY21.
  • ·       EBITDA increased by 28.7% to ₹ 622.4 mn in Q2FY22 from ₹ 483.5 mn in Q2FY21.

 

Business Highlights

The 14 news channels of ZMCL comprising 1 Global, 3 National and 10 Regional/language channels together continued to be one of the largest TV news networks in the country.

Zee News got highest number of new subscribers and ranked No.2 in video views on YouTube and did Special programming for 75 hours non-stop on 75 years of Independence The channel did extensive live coverage on – 'UNGA Mega Coverage' 168 hours of on ground coverage with biggest panel of experts and biggest team of reporters. The only Hindi news channel covering Afghanistan crisis from Ground Zero.

WION remains in top 2 with views on YouTube. The channel become first global channel broadcasting live from 35 cities across the world. The channel did extensive live coverage on – 'UNGA Mega Coverage'.

Zee Business continues to be No.1 on Facebook with 3 times video views and 2 times interactions as compared to CNBC Awaaz.

24 Taas is ranked No.2 on social media platform. The channel did a news campaign for reopening of schools to create awareness among public and put pressure on Government.

Zee Hindustan organized 'Hindustan Ki Baat' from different cities of the country. The channel organized 'UDAAN' which honoured various businessmen and Olympian. The channel organized 'Education Excellence 2021' for honouring prominent personalities in the field of education.

Zee 24 Kalak introduced Real Heroes, an on-ground event series at district level to felicitate the heroes of districts.

Zee 24 Ghanta organized 'Education Excellence 2021' and 'Hindustan ki Baat' events.

Zee Rajasthan organised 'Emerging Rajasthan', an event from different hospitals of the state.

Zee Bihar Jharkhand organized events like 'Health E-vimarsh', 'Emerging Jharkhand' 'Atamnirbhar Bihar Season-2', 'Baba Nagaria' Programme on Sawan celebration.

Zee Odisha organized events 'Bikash Pathe Odisha', and did as special show 'Mukti Yudhare Odisha' on Independence.

Zee UPUK started 'UP ki Baat' conclave in Kashi for felicitation of the personalities for their exemplary works done towards the development of the city. The channel organised “Transform Uttarakhand” for the development initiatives to increase the employment and support the businesses.

Zee MPCG organised 'MP/CG ki Baat' series of events discussing the contribution of respective cities towards the overall development of the state.

Zee PHH organised 'Health Conclave' to facilitate doctors & institutions. The channel organised 'Sports First Conclave' in Chandigarh to celebrate the victory & participation of Punjab Players in Tokyo Olympics 2020.

Zee Salaam organised online event 'Sakshiyat' to recognize and honor the individuals for their contribution towards society. The channel organized 'Health conclave 'to felicitate the doctors & institutions.

Our Digital News Portfolio with 17 brands in 11 languages continues to witness rapid growth across the properties, receiving 4.63 billion Page Views in Q2-FY22 compared to 4.16 billion Page Views in Q1-FY22. Monthly Average Users (MAUs) increased by 10% in Q2-FY22,367 Mn in Q2-FY22 vs 332.8 Mn in Q1-FY22:

Zee News has grown by 18% to 733.0 million-page views compared to 624.0 million-page views in previous quarter. MAUs also grew to 63.0 million in Q2FY22 from 51.0 million in Q1FY22.

Wionews.com, our Global English news platform, grew 37% to 89.0 million-page views compared to 65.0 million-page views in the previous quarter. MAUs also grew to 7.0 million in Q2FY22 from 5.0 million in Q1FY22.

Report By: Mayank Agarwal

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