Zee Media Corporation Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 1,515.9 million compared to INR 1,947.7 million a year ago. Revenue was INR 1,537.8 million compared to INR 1,955.9 million a year ago. Net loss was INR 307 million compared to INR 120.8 million a year ago. Basic loss per share from continuing operations was INR 0.49 compared to INR 0.19 a year ago. Diluted loss per share from continuing operations was INR 0.49 compared to INR 0.19 a year ago.
For the six months, sales was INR 2,920 million compared to INR 4,017.3 million a year ago. Revenue was INR 2,979.9 million compared to INR 4,054 million a year ago. Net loss was INR 560.1 million compared to INR 38.5 million a year ago. Basic loss per share from continuing operations was INR 0.9 compared to INR 0.06 a year ago. Diluted loss per share from continuing operations was INR 0.9 compared to INR 0.06 a year ago.