HT Media reported a net profit of ₹47 crore for the quarter ended June 30, 2026, marking a 991% year-on-year increase from ₹4 crore in Q1FY26. The strong turnaround was driven by a 15% rise in total revenue to ₹497 crore and significant margin expansion, with EBITDA growing 224% to ₹90 crore. This performance underscores a robust recovery in the media and entertainment sector, supported by disciplined cost management and resilient advertising demand across print verticals.

The Board approved a preferential issue of shares last month, subject to regulatory and shareholder approval. This strategic move aims to strengthen the company's capital structure, streamline its debt profile, and provide capital for general business requirements. The filing was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Overview

Consolidated revenue reached ₹497 crore in Q1FY27, up from ₹433 crore in the corresponding period of the previous year. While operating revenue grew 11% to ₹437 crore, other income contributed significantly, rising 52% to ₹60 crore from ₹39 crore. Employee costs declined by 11% to ₹99 crore, aiding margin improvement despite a 15% increase in raw material expenses to ₹117 crore.

Segment-Wise Breakdown

Print remained the anchor of the business, with operating revenue growing 16% year-on-year to ₹376 crore. Advertising revenue within the print segment rose 15% to ₹295 crore, while circulation revenue remained steady at ₹52 crore. The print segment’s EBITDA margin expanded to 13% from 4%, despite higher commodity rates for newsprint.

Digital revenue moderated by 28% to ₹27 crore as the company deliberately reset its portfolio around leaner, more focused offerings to drive sustainable profitability. Radio revenue grew 3% to ₹32 crore, with the segment operating on a more sustainable footprint following the surrender of licenses for non-viable stations.

What the Numbers Show

The divergence between operating revenue growth (11%) and total revenue growth (15%) highlights the impact of other income, which surged 52%. However, the core operational health is evident in the EBITDA margin expansion from 6% to 18%. The decline in employee costs (-11%) against rising raw material costs (+15%) indicates effective cost control measures are offsetting inflationary pressures in newsprint and supply chains. The sequential decline in PAT (-51%) and EBITDA (-31%) from Q4FY26 reflects seasonal trends but remains well above the prior year’s baseline.

HT Media Limited has announced a conference call for analysts and investors in connection with its Q1 FY2026-27 financial results. The company's Board of Directors is scheduled to meet on Wednesday, August 5, 2026, to consider and approve the unaudited financial results — both standalone and consolidated — for the quarter ended June 30, 2026. The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was communicated to both BSE Limited and the National Stock Exchange of India Limited via a letter dated July 29, 2026, signed by Manhar Kapoor, Group General Counsel & Company Secretary.

Q1 FY2026-27 Results Webinar Details

The HT Media Group has invited analysts and investors to attend a results webinar covering the financial performance of both HT Media Limited and Hindustan Media Ventures Limited. The webinar will be hosted with the senior management team of the HT Media Group. Key details of the event are as follows:

Contact and Investor Relations

Participants are required to register in advance via the provided Zoom webinar link. For further details, stakeholders may visit www.htmedia.in or www.hmyl.in . Investor relations queries can be directed to the following contacts:

• HT Media Group — Anna Abraham & Aaditya Mulani: IR@hindustantimes.com
• Churchgate Partners — Anvita Raghuram: htmedia@churchgatepartners.com