Penny stock under Rs 15 jump 9.2% after reporting a turnaround net profit of Rs 53 crore in Q3FY26

On Friday, shares of Zee Media Corporation Limited zoomed 9.2 per cent to Rs 10.25 per share from its previous closing of Rs 9.39 per share. The stock’s 52-week high is Rs16.47 per share and its 52-week low is Rs 7.11 per share. The company has a market cap of over Rs 600 crore. The stock is up 44 per cent from its 52-week low of Rs 10.60 per share. The shares of the company saw a Spurt in Volume by more than 3 times.

Zee Media, an established Indian media house, operates numerous channels delivering global, national, and regional news. Its digital platform, Zeenews.com, connects with a vast audience across multiple languages. The flagship Hindi news channel, Zee News, is a strong performer, supported by initiatives like the "Zee Real Heroes Awards" and the "Unveiling India Quiz." Zee Business leads the Hindi business news segment and has also launched the "Kona Kona Investor" series. Several of their regional channels, including Zee Kalak, Zee Bihar Jharkhand, Zee Rajasthan, Zee Madhya Pradesh Chhattisgarh, Zee Delhi NCR Haryana, and Salaam TV, also hold top positions in their respective markets, showcasing the company's broad and impactful reach across India.

According to Quarterly Results (Q3FY26), the net sales increased by 51 per cent to Rs 240 crore compared to Rs 159 crore in Q3FY25. The company reported a net profit of Rs 53 crore in Q3FY26 compared to net loss of Rs 22 crore in Q3FY25, an increase of 341 per cent. In 9MFY26 results, the company reported net sales of Rs 601 crore, operating profit of Rs 115 crore and a net profit of Rs 28 crore. Looking at its annual results (FY24), the company reported net sales of Rs 622 crore and a net loss of Rs 119 crore. In December 2025, the promoter of the company bought shares and increased its stake to 9.48 per cent compared to 6.30 per cent in September 2025.

Disclaimer: The article is for informational purposes only and not investment advice.