ZEE Media rallies over 7% as Q3 net loss shrinks to Rs 1 Cr

NEW DELHI: ZEE Media Corporation (ZMCL) surged as much as 7.6 per cent on the BSE on Friday, a day after the company said its consolidated net loss narrowed to Rs 1.11 crore for the third quarter ended December.

Consolidated net loss stood at Rs 10.41 crore in the same period last financial year, ZMCL said in a filing to BSE.

At 09:30 am, the stock was trading 6 per cent higher at Rs 19.45. It hit an intra-day low of Rs 19.30 and a high of Rs 19.75 in trade on the BSE.