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H T Media Ltd.

BSE: 532662 Sector: Media
NSE: HTMEDIA ISIN Code: INE501G01024
BSE 00:00 | 25 May 24.55 -1.55
(-5.94%)
OPEN

25.50

HIGH

26.55

LOW

24.30

NSE 00:00 | 25 May 24.55 -1.50
(-5.76%)
OPEN

26.35

HIGH

26.60

LOW

24.15

OPEN 25.50
PREVIOUS CLOSE 26.10
VOLUME 69699
52-Week high 39.15
52-Week low 22.50
P/E 84.66
Mkt Cap.(Rs cr) 571
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 25.50
CLOSE 26.10
VOLUME 69699
52-Week high 39.15
52-Week low 22.50
P/E 84.66
Mkt Cap.(Rs cr) 571
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

H T Media Ltd. (HTMEDIA) - Chairman Speech

Company chairman speech

Dear

Shareholders

The year 2020-21 will go down in history as one where countries andeconomies were laid low by an invisible enemy. I hope everyone is vaccinated and followingCovid- appropriate behaviour. I also wish for the rapid recovery of those affected by theviral disease and commiserate with those who have lost friends and relatives to it.

Covid-19 changed everything.

Not only did it bring economies to a near standstill it also resultedin widespread disruption and increased uncertainty across the world. As the world wasadapting to a new normal and as companies changed the way they work to ensure businesscontinuity we focused on the most important tasks.

At times of crisis a newsroom's primary task is to provide reliableand credible information to our readers - and especially with Covid there was a lot ofmisinformation in the initial months. We also had to ensure our employees remained safeeven as our newsroom continued to function through the pandemic. I am incredibly proud ofwhat our Company was able to accomplish despite disruptions and hardships and am veryhopeful about where we are headed now.

The Indian economy is still reeling under severe stress from theresurgent waves of Covid-19 and the pressure on the public healthcare infrastructurealthough as I write this in August things are rapidly returning to normal. Still theoptimism around a swift recovery continues to be tempered with regional outbreaks and thepossibility of further waves. Nevertheless we are prepared to carry forward the legacy ofjournalistic excellence that has prospects of our radio segment the industry was largelyimpacted due to the lockdown and the subsequent economic crisis. Nevertheless the radiosegment continued to witness an increase in listenership base with more people tuning intoradio stations during the pandemic than before. With an increase in average

I We are focused on bringing the most credible news to our readers andcurate content on issues that really matter.

become quite synonymous with our brands. We are focused on bringing themost credible news to our readers and curate content on issues that really matter.

Our Print segment has a diverse portfolio of offerings for readers indifferent parts of the country. Hindustan Times our English daily has consistentlypositioned itself as the newspaper of choice in our key markets as has our Hindi dailyHindustan. Our business paper Mint is also known for its in-depth analysis of keyeconomic issues.

In FY'21 circulation of our publications was under pressure owing tothe pandemic. However as the year progressed newspaper circulation bounced back.Advertisement revenues also picked up as the national lockdown (and regional ones)continued to be lifted in phases. The festive season also helped us shake off the effectsof the pandemic and the lockdowns to some extent as advertisers came back on board.

While we remain positive about the listening time the mediumpositioned itself as one of the most wholesome sources of entertainment and information.This augured well for us and our popular brands Fever Nasha and Radio One havesuccessfully managed to retain their significant presence in this space.

Amidst a global pandemic we adopted digital platforms for our eventsto connect and collaborate with our audience. We organised our first virtual 'EnvironmentConclave' looking at what it would take to build a sustainable future. We also conductedour flagship Hindustan Times Leadership Summit virtually bringing together iconic thoughtleaders from various fields.

Our job portal Shine witnessed a surge in activity as more peoplelooked for jobs in the aftermath of the pandemic while the Shine learning business hasgrown sharply. We also completed the acquisition of Mosaic Digital a news and researchbusiness focused on serving the investment and enterprise technology communities. Backedby resources in our group we are excited and hopeful that the business will witnesssubstantial growth going forward.

The fiscal year gone by brought economic hardships and widenedfinancial and social disparities in the society. At HT Media we are conscious about ourresponsibilities towards society. We sought to offer educational opportunities tounderprivileged students through the Himalayan School Society initiative. We alsoconducted Hindustan Olympiad to encourage participation of children in scholastic aptitudetests and rewarded deserving students with scholarships.

Our people embody the spirit of our organisation. We recognize thecontribution of all our employees and business partners during these trying times. I wouldlike to thank our people as well as their families for their relentless contribution toensure business continuity in a tough environment.

I extend my deepest gratitude to the the Board of Directors customersinvestors and business partners for their trust support and continued faith in us.

I also remain thankful to the countless Covid warriors includingdoctors and nurses law enforcement agencies the journalistic fraternity and others whofocused on serving humanity through their untiring efforts. As we transition to a newnormal we are adapting to change and paving the way for a brighter tomorrow.

Regards

Shobhana Bhartia

Chairperson and Editorial Director

.