BSEResult1d ago · 30 Oct 2026, 03:45 pm

Unaudited Standalone and Consolidated Financials Results for the quarter and half year ended 30th September, 2026

Zee Entertainment Enterprises Ltd · 505537

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Zee Entertainment Enterprises Ltd has announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The results were approved by the Board of Directors and are in compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also disclosed uncertainties related to ongoing investigations by SEBI and the Ministry of Corporate Affairs.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10

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Zee Entertainment Enterprises Ltd - 505537 - Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2026

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October 30, 2026 The Listing Department, The Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort Bandra-Kurla Complex, Mumbai - 400 001 Bandra (East), Mumbai- 400 051 BSE Scrip Code Equity: 505537 NSE Symbol: ZEEL EQ Dear Sir / Madam, Sub: Outcome of the Board Meeting held on October 30, 2026 In compliance with the relevant provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘LODR Regulations’), we would like to inform you that the Board of Directors of the Company, at its meeting held today i.e. October 30, 2026, has inter-alia approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026 (‘Financial Results’), as recommended by the Audit Committee of the Board; and In respect of the above, we hereby enclose the Financial Results prepared in terms of Regulation 33 of the LODR Regulations, along with the Limited Review Reports thereon issued by the Statutory Auditors of the Company. Further, in terms of Regulation 33(2)(b) of the LODR Regulations, we hereby confirm that Mr. Uttam Prakash Agarwal, Independent Director and Chairperson of the Audit Committee of the Board, is duly authorized by the Board, at its meeting held today, to sign the Financial Results of the Company. The Board Meeting commenced at 12:30 p.m. and concluded at 3.15 p.m. Kindly take the above on record. Thanking you, Yours faithfully, For Zee Entertainment Enterprises Limited Punit Goenka Chief Executive Officer Encl: As above Walker Chandiok & Co LLP Walker Chandiok & Co LLP 42nd Floor, Building Commerz Ill, International Business Park, Oberoi Garden City, Off Western Express Highway, Goregaon (East), Mumbai-400063 T +91 22 6626 2699 Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Zee Entertainment Enterprises Limited 1. We have reviewed the accompanying statement of standalone unaudited financial results (‘the Statement’) of Zee Entertainment Enterprises Limited (‘the Company’) for the quarter ended 30 September 2026 and the year to date results for the period 01 April 2026 to 30 September 2026, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (‘Listing Regulations'’). 2. The Statement, which is the responsibility of the Company’s management and approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting (Ind AS 34), prescribed under section 133 of the Companies Act, 2013 (‘the Act), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or.that.it contains any material misstatement. if N/ % “was A\ Chartered Accountants Walker Chandiok & Co LLP i registered with limited liabiity with dentification number AAC- Offcasin Abmedabad, Bangaluru, Brubaneswar, Chandigarh, Chenna, Defvadun, Goa, Gurugram, Guwaha, Hyderabad, Indors, 2085 and has it registered offce at L41, Jaipu, Koch, Kolkata, Mumbai, New Dehi, Noida and Pune Connaught Circus, Outer Crcle, New Delhi, 110001, India Independent Auditor’s Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) 5. We draw attention to: (a) We draw attention to Note 7 to the accompanying Statement, which describes the uncertainties on account of ongoing investigation by the Securities and Exchange Board of India (‘SEBI"), the related show cause notices received from SEBI from time to time including orders and appeals made by the Company, and the investigation by the Ministry of Corporate Affairs (MCA'), in respect of certain transactions with vendors of the Company and subsidiary company and other matters as described in aforesaid note. Based on legal assessment, the management does not expect any material adverse impact on standalone financial results of the Company with respect to the aforesaid matters. (a) We draw attention to Note 9 to the accompanying Statement describing the dispute with JioStar India Private Limited ('Jiostar’), in relation to the Alliance Agreement for broadcasting rights of the International Cricket Council's (ICC') men's global events for a period of four years in respect of which Jiostar had claimed damages of USD 1,097 million, along with costs, expenses and applicable interest until full payment, from the Company in an ongoing arbitration before The London Court of International Arbitration ( the ‘Arbitral Tribunal’). The Company had filed Statement of Defence, a counterclaim of USD 8.06 million along with interest thereon, and other related pleadings against which Jiostar had also filed its responses. During the current quarter, the final evidentiary hearing before the Arbitral Tribunal was completed. Pursuant to the Arbitral Tribunal's directions, both parties have filed their post-hearing briefs. The management, based on a legal opinion and its internal assessment, has determined that the Company is not in default of the Alliance Agreement and believes that the claims made by Jiostar are unfounded and legally not tenable and that it has strong and valid grounds to defend any claims in respect of this matter. Our Conclusion is not modified in respect of these matters. For Walker Chandiok & Co LLP Chartered Accountants_— Firm Registration N93001076N/N500013 Partner ~ Membership No.: 504662 UDIN: 26504662SMZFO08939 Place: Mumbai Date: 30 October 2026 Chartered Accountants Walker Chandiok & Co LLP i registered with limited liabiity with identification number AAC- Offi cAbmaedasbad , Bangalur, Bhubaneswar, Chandigarh, Chennai, Dhradun, Goa, Gurugram, Guahat, Hyderabad, ndore, 2085 and s its registered offce at L41, Jaipu, Kochi Kokata, Mumbai, Now Delhi, Noida and Pune Connaught Circus, Outer Circle, New Delh, 110001, India ZEE ENTERTAINMENT ENTERPRISES LIMITED CIN No : L92132MH1982PLC028767 Regd. Off. 18th Floor, A Win [Showing first 8,000 characters — download PDF for full document]