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H T Media standalone net profit declines 67.59% in the March 2017 quarter

Capital Market 

Sales decline 16.75% to Rs 325.31 crore

Net profit of H T Media declined 67.59% to Rs 7.27 crore in the quarter ended March 2017 as against Rs 22.43 crore during the previous quarter ended March 2016. Sales declined 16.75% to Rs 325.31 crore in the quarter ended March 2017 as against Rs 390.74 crore during the previous quarter ended March 2016.

For the full year,net profit declined 34.18% to Rs 61.51 crore in the year ended March 2017 as against Rs 93.45 crore during the previous year ended March 2016. Sales declined 6.20% to Rs 1432.04 crore in the year ended March 2017 as against Rs 1526.73 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales325.31390.74 -17 1432.041526.73 -6 OPM %17.8617.09 -5.838.04 - PBDT39.7849.43 -20 161.66177.57 -9 PBT13.1428.18 -53 64.19106.05 -39 NP7.2722.43 -68 61.5193.45 -34

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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