Zee shares fall 5.7% after Q1 income drops 14% on weak ad revenue; profits also decline before exceptional items.

• Q1 total income fell to ₹18.5 billion due to lower advertisement earnings impacting top-line performance.
• Profit before tax and exceptional items dropped 5.4%; stock now set for biggest daily drop since April 7.
• Despite YTD 10% gains, stock slips below median analyst price target of ₹145 amid cautious sentiment.