Penny stock to be in focus on Monday; here's why
New Delhi, May 30 -- Shares of penny stock Zee Media Corporation are likely to remain in focus after the company reported a significant improvement in its financial performance for both the March quarter and the full financial year ended March 31, 2026.
The media company continued to reduce its quarterly losses while delivering a strong turnaround at the annual level, supported by higher revenues and improved operational performance.
For the quarter ended March 31, 2026, Zee Media reported a net loss of Rs.14.32 crore, compared with a net loss of Rs.22.68 crore in the corresponding quarter of the previous financial year. The improvement in profitability came despite a marginal decline in revenue during the quarter.
Revenue from operati...
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