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ZEE LEARN
Quarterly Results Analysis [Mar2026]

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ZEE LEARN Quarterly Results

Consolidated Mar2026
UnAudited
Dec2025
UnAudited
Sep2025
UnAudited
Jun2025
UnAudited
Mar2025
UnAudited
Dec2024
UnAudited
Sep2024
UnAudited
Jun2024
UnAudited
Revenues ₹177 Cr ₹80 Cr ₹74 Cr ₹108 Cr ₹159 Cr ₹75 Cr ₹58 Cr ₹80 Cr
Expenses ₹124 Cr ₹71 Cr ₹62 Cr ₹79 Cr ₹94 Cr ₹66 Cr ₹52 Cr ₹57 Cr
Operating Income ₹53 Cr ₹9 Cr ₹12 Cr ₹30 Cr ₹65 Cr ₹9 Cr ₹7 Cr ₹24 Cr
Other Income ₹5 Cr ₹4 Cr ₹5 Cr ₹4 Cr ₹4 Cr ₹7 Cr ₹6 Cr ₹4 Cr
Interest ₹11 Cr ₹1 Cr ₹13 Cr ₹13 Cr ₹10 Cr ₹10 Cr ₹8 Cr ₹11 Cr
Depreciation ₹12 Cr ₹10 Cr ₹11 Cr ₹11 Cr ₹10 Cr ₹9 Cr ₹8 Cr ₹8 Cr
Profit Before Tax ₹66 Cr ₹1 Cr ₹-6 Cr ₹7 Cr ₹32 Cr ₹-3 Cr ₹-4 Cr ₹8 Cr
Profit After Tax ₹45 Cr ₹-3 Cr ₹-6 Cr ₹2 Cr ₹17 Cr ₹-4 Cr ₹-4 Cr ₹4 Cr
EPS ₹1.39 ₹-0.08 ₹-0.19 ₹0.06 ₹0.52 ₹-0.11 ₹-0.12 ₹0.11
Industry Peers & Returns1W1M1Y
ZEE LEARN 20.5% 37.9% -18.4%
PHYSICSWALLAH -2.9% 0.2% NA
CRIZAC 5.8% 0.4% NA
SHANTI EDUCATIONAL INITIATIVES -4% -5.1% 162.8%
VERANDA LEARNING SOLUTIONS -2.7% 24.9% 10.3%
GLOBAL EDUCATION -1.1% -1.6% 74.8%
CAREER POINT EDUTECH 3.5% -5.1% NA
ARIHANT ACADEMY -6.2% -4.3% 102.3%
CL EDUCATE 2.4% -2% -46.3%

ZEE LEARN Quarterly Revenues

Revenues
Q-o-Q

121.88 %

Y-o-Y

11.40 %

Quarters Revenues % Change
Mar2026 ₹177 Cr
121.88
Dec2025 ₹80 Cr
7.30
Sep2025 ₹74 Cr
-31.48
Jun2025 ₹108 Cr
-31.71
Mar2025 ₹159 Cr
112.32
Dec2024 ₹75 Cr
28.43
Sep2024 ₹58 Cr
-27.56
Jun2024 ₹80 Cr -

ZEE LEARN Quarterly Operating Profit

Operating Profit
Q-o-Q

508.97 %

Y-o-Y

-17.48 %

Quarters Operating Profit % Change
Mar2026 ₹53 Cr
508.97
Dec2025 ₹9 Cr
-28.13
Sep2025 ₹12 Cr
-59.11
Jun2025 ₹30 Cr
-53.88
Mar2025 ₹65 Cr
655.44
Dec2024 ₹9 Cr
30.79
Sep2024 ₹7 Cr
-72.53
Jun2024 ₹24 Cr -
Operating Margins
Q-o-Q

174.48 %

Y-o-Y

-25.93 %

Quarters Operating Margin% % Change
Mar2026 30.11%
174.48
Dec2025 10.97%
-33.03
Sep2025 16.38%
-40.33
Jun2025 27.45%
-32.47
Mar2025 40.65%
255.64
Dec2024 11.43%
1.87
Sep2024 11.22%
-62.07
Jun2024 29.58% -

ZEE LEARN Quarterly Profit After Tax

Profit After Tax(PAT)
Q-o-Q

Positive

Y-o-Y

169.20 %

Quarters Profit After Tax % Change
Mar2026 ₹45 Cr
Positive
Dec2025 ₹-3 Cr
Negative
Sep2025 ₹-6 Cr
Negative
Jun2025 ₹2 Cr
-88.76
Mar2025 ₹17 Cr
Positive
Dec2024 ₹-4 Cr
Negative
Sep2024 ₹-4 Cr
Negative
Jun2024 ₹4 Cr -
PAT Margins
Q-o-Q

Positive

Y-o-Y

141.67 %

Quarters PAT Margin(%) % Change
Mar2026 25.69 %
Positive
Dec2025 -3.32 %
Negative
Sep2025 -8.27 %
Negative
Jun2025 1.75 %
-83.54
Mar2025 10.63 %
Positive
Dec2024 -5.02 %
Negative
Sep2024 -6.93 %
Negative
Jun2024 4.53 % -

ZEE LEARN Quarterly Earnings Per Share (EPS)

EPS
Q-o-Q

Positive

Y-o-Y

167.31 %

Quarters EPS % Change
Mar2026 ₹1.39
Positive
Dec2025 ₹-0.08
Negative
Sep2025 ₹-0.19
Negative
Jun2025 ₹0.06
-88.46
Mar2025 ₹0.52
Positive
Dec2024 ₹-0.11
Negative
Sep2024 ₹-0.12
Negative
Jun2024 ₹0.11 -

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