HT Media Ltd on Tuesday reported a consolidated net profit of Rs 51.36 crore in the fourth quarter ended March 31. The company had posted a consolidated net loss of Rs 31 lakh in the corresponding quarter of the previous fiscal, HT Media Ltd said in a regulatory filing. Revenue from the operations in the fourth quarter stood at Rs 513.57 crore as compared to Rs 464.41 crore in the same period a year ago, it added. Total expenses in the quarter under review stood at Rs 527.47 crore, as compared to Rs 513.41 crore in the corresponding period a year ago. Printing and publishing of newspapers and periodicals segment clocked revenue of Rs 373.29 crore in the fourth quarter as against Rs 375.97 crore in the year-ago period, while radio broadcast and entertainment clocked Rs 81.98 crore as compared to Rs 47.57 crore in the corresponding period previous fiscal. Digital segment registered revenue of Rs 58.28 crore as compared to Rs 43.21 crore in the fourth quarter previous fiscal. The co
HT Media Ltd on Wednesday reported a narrowing of consolidated net loss to Rs 31 lakh in the fourth quarter ended March 31, 2024. The company had posted a consolidated net loss of Rs 20.73 crore in the same quarter of the previous fiscal, HT Media said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 464.41 crore as compared to Rs 441.4 crore in the corresponding period a year ago. Revenue from printing and publishing of newspapers and periodicals in the quarter was at Rs 375.97 crore as compared to Rs 373.85 crore in the year-ago period, the company said. Radio broadcast and entertainment vertical posted revenue of Rs 47.57 crore as against Rs 36.29 crore in the corresponding period of the previous fiscal. The digital segment clocked revenue of Rs 43.21 crore in Q4FY24 as compared to Rs 31.63 crore in Q4FY23. Total expenses in the fourth quarter were lower at Rs 513.41 crore as compared to Rs 528.87 crore in the same period
Revenue from printing and publishing business was down at Rs 494.89 crore
During the quarter, HT Media's EBITDA was up by 18.7 per cent at Rs 133 crore