The company had posted a net profit of Rs 40.08 crore in the corresponding period a year ago.
Net sales during the quarter under review went up by 8.61 per cent to Rs 533.91 crore in the quarter as against Rs 491.54 crore a year ago, the company said in a BSE filing.
Tax expense in January-March, 2014 period stood at Rs 36.29 crore as compared to Rs 16.66 crore in the corresponding period last year.
Shares of HT Media were trading at Rs 89.50 apiece in the afternoon trade, down 2.61 per cent from its previous close on the BSE.
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