Earning Release

EARNINGS RELEASE for the quarter ended June 30, 2026 Operating Highlights Noida, India; August 14, 2026 - Zee Media Corporation Limited (ZMCL) today reported consolidated revenues of ₹ 1,908.5 million for first quarter of fiscal 2027. The Network incurred Operating Expenditure of ₹ 1,745.9 million in the first quarter. The Board of Directors, in its meeting held today, approved and took on record the financial results of ZMCL for the first quarter ended June 30, 2026. Raktim Das, CEO, Zee Media Corporation Limited, said: “As we strongly take strategic growth-oriented steps forward, we aim towards realizing the true potential and power of Zee Media Corporation Limited, as a content and technology Company, that is built with a rich blend of world class editorial capabilities, state-of-art- technology, data and AI. The Q1 FY27 performance has set the runway to enter the next phase of our growth journey. We are taking a strategic and transformative leap forward to achieve a paradigm shift from a conventional advertising-led news company towards a diversified revenue stream media organisation. We are building a stronger, more diversified and future-ready Zee Media — deepening the leadership of our flagships brands - Zee News and Zee Business, reimagining Zee Bharat for a younger and more aspirational India, and elevating WION at the centre of our global growth ambitions. At the same time, we are also transforming our digital business around select, scalable and high-impact properties, strengthening our regional presence and unlocking new monetisation opportunities beyond traditional advertising.” The Board of Directors of Zee Media Corporation Limited (ZMCL) (BSE: 532794, NSE: ZEEMEDIA), in their meeting held today, approved and took on record the financial results of ZMCL for the quarter ended June 30, 2026, the highlights of which are as follows: For the Quarter Highlights (₹ million) Q1FY27 Q1FY26 Growth Operating Revenue 1908.5 1823.6 4.7% Expenditure 1745.9 1625.8 7.4% Operating Profit (EBITDA) 162.6 197.8 -17.8% The tables below present the condensed consolidated statement of operations for ZMCL and its subsidiaries / associates for the quarter ended June 30, 2026: For the Quarter Revenue (₹ million) Q1FY27 Q1FY26 Growth Advertising Revenue 1797.1 1216.6 47.7% Subscription Revenue 111.4 101.3 9.9% Other sales and services - 505.6 -100.0% Total Revenue 1908.5 1823.6 4.7% Operating Expenditure For the Quarter (₹ million) Q1FY27 Q1FY26 Growth Operating Costs 511.9 338.3 51.3% Employee Benefits Expenses 663.7 660.4 0.5% Other Expenses 570.4 627.2 -9.1% Total Expenses 1745.9 1625.8 7.4% Business Highlight  Unmatched Election coverage in West Bengal Zee News and Zee 24 Ghanta delivered, comprehensive election coverage spanning constituency-wise ground reportage, reporter-led insights, data-driven analysis, polling-day coverage and real-time counting-day updates. Incisive, decisive and analytical, the coverage became a go-to destination for viewers seeking the latest developments and election results.  State Elections | Leveraging Zee Media’s Regional Strength Zee Media brought its deep election coverage expertise to the forefront across states elections, Tamil Nadu, Kerala, Assam and Puducherry, combining national editorial scale with on-ground, language-first coverage and constituency-level insights across markets.  Taking Zee Media’s Thought Leadership to the Global Stage WION expanded Zee Media’s global footprint through Global Leadership & Innovation Summit in Sri Lanka. It brought together policymakers, business leaders, experts and influential global voices to shaping the next wave of India Sri Lanka partnership conversations.  Expanding infotainment footprint Zee Media extended its infotainment footprint into Purvanchal with Bhojpuri Samman, a star-studded cultural property that brought together some of the biggest names in Bhojpuri cinema and entertainment, celebrating the region’s culture, identity and influence.  Zee Media mainstreaming young audience into news Zee Bharat initiated its journey towards a younger, fresher brand identity, with Zee Bharat laying the foundation for the refresh, while events like Green Champions strengthened awareness and engagement with the next generation.  36 High-Impact Events | Expanding Zee Media’s Influence Across Categories Zee Media created significant impact through 36 high-impact events across the network, spanning healthcare, travel and tourism, public policy, business, leadership, education, culture and community — creating meaningful stakeholder engagement across markets.  People centric journalism Zee Media leveraged its editorial strength to bring people-centric issues of national relevance to the forefront through impactful investigations, incisive reporting and sustained campaigns. Zee News’ flagship DNA led hard-hitting campaigns on education-fee practices and the education mafia, alongside extensive reporting on healthcare and medicine pricing, the Ram Mandir donation controversy and major breaking stories including the Malviya Nagar restaurant and Lucknow coaching fires. Zee Media’s regional and language network demonstrated the strength of its reporter-led journalism through high-impact, people-centric stories, combining strong ground reportage, investigative depth and sustained follow-through. From the Raja Raghuvanshi murder case in Madhya Pradesh and Ketan Agarwal murder case in Maharashtra to extensive coverage of the RG Kar rape-murder case in Kolkata — including key legal developments such as the Calcutta High Court-ordered CBI investigation into alleged evidence cover-up, suspension of three senior IPS officers and the Seegehalli triple-murder case in Bengaluru, where police cracked the case within 72 hours and arrested the victim’s daughter and her live-in partner in Puducherry, Zee Media ensured critical developments reached audiences with depth, speed and regional context.  Zee Business Leading Financial Conversations Zee Business shaped high-value conversations around India’s evolving financial landscape through Money Alpha, Wealth Summit and Bharose Ki Choice, bringing together investors, experts and industry leaders, while ranking #1 among competitors in YouTube VOD video views in Q1. (Source: Tubular)  AI-Powered Newsroom Zee Media integrated AI-led tools and technology across its newsrooms to enhance reporting, accelerate content workflows, strengthen data-driven storytelling and enable sharper, more efficient journalism.  YouTube Strong Audience & Consumption Growth, Zee Media’s YouTube ecosystem recorded significant Q1 momentum, with video views surging nearly 3X growth reflecting expanding digital reach, audience consumption and strong content engagement. (Source: YouTube Analytics) Channel Portfolio Global News Channel National News Channels Regional News Channels Digital Portfolio