Hindustan Media Ventures Ltd today reported 11.81% increase in its standalone net profit at Rs 33.88 crore in the first quarter ended June 30.
The company had posted a standalone net profit of Rs 30.30 crore in the same quarter of 2013-14, Hindustan Media Ventures Ltd (HMVL) said in a filing to the BSE.
Net sales during the quarter increased by 16.81% to Rs 207.14 crore from Rs 177.33 crore in the year-ago period.