Hindustan Media Ventures Limited reported a 44% year-on-year increase in consolidated profit after tax (PAT) to ₹153 crore for the financial year ended March 31, 2026, while total revenue remained stable at ₹1,971 crore. The company achieved margin expansion with an EBITDA of ₹298 crore, up 8% from the previous year, driven by strong performance in the Print business despite challenges in the radio business and rising newsprint costs. The Board of Directors approved the audited financial results for the standalone and consolidated entities on May 28, 2026. An investor presentation detailing these results was submitted to the exchanges on May 29, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Consolidated Performance

For the quarter ended March 31, 2026, the company recorded a total revenue of ₹558 crore and a PAT of ₹96 crore. EBITDA for the quarter stood at ₹131 crore, reflecting a 5% increase compared to the corresponding period in the previous year. The statutory auditors, M/s S.R. Batliboi & Co. LLP, issued an unmodified opinion on the financial results.

Business Unit Performance

The Print business demonstrated strong performance, with operating revenue rising 8% to ₹1,500 crore for FY26. Advertising revenue grew 8% to ₹1,148 crore, driven by yield improvements and government spending. Circulation revenue remained nearly flat for the full year, though English circulation revenue grew 13% in Q4FY26. The Radio business faced a tough year, with operating revenue declining 32% to ₹140 crore due to a high base from event-led revenue in the prior year and industry-wide issues. The Digital segment reported operating revenue of ₹155 crore for the year, restated for continuing operations following the discontinuation of the OTTplay business.

Strategic Developments

The Board approved an investment of up to GBP 1.67 Million (approximately ₹21.66 crore) in Assetvault Limited (AasaanWill), a UK-based company incorporated in 2016. The investment will be made in two tranches and is expected to be completed by August 2026. Additionally, the company decided not to recommend any dividend for the financial year 2025-26. Exceptional items for the year included a loss of ₹1,519 crore due to the statutory impact of new Labour Codes and a provision of ₹926 crore towards contractual obligations related to the discontinuation of the OTTplay business.

Hindustan Media Ventures Limited has submitted its quarterly compliance certificate under SEBI Depositories Regulations for the quarter ended March 31, 2026. The filing demonstrates the company's adherence to regulatory requirements for listed entities regarding share dematerialization processes.

Regulatory Compliance Certificate Details

The certificate was issued under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. KFin Technologies Limited, serving as the company's Registrar and Share Transfer Agent, confirmed that no requests for dematerialization of shares were received during the specified quarter.

Stock Exchange Notification

Company Secretary Nikhil Sethi formally communicated the certificate to both major stock exchanges where the company's shares are listed. The notification was sent to BSE Limited and National Stock Exchange of India Limited, ensuring compliance with disclosure requirements.

Trading Information:

• BSE Scrip Code: 533217
• NSE Trading Symbol: HMVL

Depository Communication

The company also copied the certificate to both major depositories in India - National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL). This ensures all relevant regulatory bodies are informed about the company's dematerialization status for the quarter.

Company Operations

Hindustan Media Ventures Limited operates from its corporate office located at Lotus Tower, New Friends Colony, New Delhi, with its registered office in Patna. The company maintains regular compliance with SEBI regulations through its appointed registrar and transfer agent, KFin Technologies Limited, which operates from Hyderabad and Mumbai.