HT Media Limited, the promoter of hindustan media ventures , has confirmed that it has not created any encumbrance, directly or indirectly, on its shareholding or voting rights in the company. The disclosure was made to stock exchanges to comply with regulatory requirements regarding substantial acquisition of shares and takeovers.

The declaration was submitted to BSE Limited and National Stock Exchange of India Limited on April 6, 2026. In the filing, HT Media Limited stated that the confirmation is provided pursuant to Regulation 31(4) and 31(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Manhar Kapoor, Group General Counsel and Company Secretary of HT Media Limited, signed the disclosure on behalf of the promoter. The intimation was also copied to the Audit Committee of Hindustan Media Ventures Limited.

The following table outlines the key details of the disclosure:

The confirmation assures stakeholders that the promoter's shareholding remains unencumbered, ensuring clarity regarding the ownership structure and voting rights associated with the shares held by HT Media Limited.

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.