Hindustan Media Ventures Posts 20-Fold Jump in Q1 Net Profit
Hindustan Media Ventures Limited (HMVL) reported a significant increase in Q1 consolidated net profit, rising to 102.00 million rupees from 5.00 million rupees year-over-year. Revenue grew by 13% to 1.83 billion rupees. The Printing & Publishing segment remained the largest revenue generator at 1,633.50 million rupees, while the Digital segment contributed 183.90 million rupees. EBITDA stood at 177.20 million rupees. The company maintained a strong financial position with a net worth of 16,223.90 million rupees, a current ratio of 1.62, and a low debt-equity ratio of 0.04.

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Hindustan Media Ventures Limited (HMVL) has reported a remarkable turnaround in its financial performance for the first quarter. The media company's consolidated net profit surged to 102.00 million rupees, marking a significant increase from 5.00 million rupees in the same period last year.
Strong Revenue Growth
The company's revenue also showed impressive growth, rising to 1.83 billion rupees from 1.62 billion rupees year-over-year. This 13% increase in revenue indicates improved operational performance across the business segments.
Segment Performance
HMVL's financial results reveal strong performance in its core segments:
- Printing & Publishing: This traditional segment remained the largest revenue generator, contributing 1,633.50 million rupees to the total revenue.
- Digital: The digital segment showed promising growth, bringing in 183.90 million rupees, reflecting the company's efforts to adapt to changing media consumption patterns.
Financial Highlights
- EBITDA: Earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at 177.20 million rupees, showcasing the company's operational efficiency.
- Expenses: Total expenses for the quarter were 1,979.40 million rupees, with significant allocations to cost of materials (536.10 million rupees) and employee benefits (468.40 million rupees).
- Other Income: The company reported other income of 267.20 million rupees, contributing substantially to the overall profit.
Balance Sheet Strength
HMVL maintained a strong financial position:
- Net Worth: The company's net worth stood at 16,223.90 million rupees, indicating a robust capital base.
- Current Ratio: At 1.62, the current ratio suggests a healthy liquidity position.
- Debt-Equity Ratio: With a low debt-equity ratio of 0.04, Hindustan Media Ventures demonstrates a conservative approach to leverage.
Management Commentary
While specific management comments were not provided, the significant improvement in financial metrics suggests that HMVL's strategies for both its traditional print business and digital initiatives are yielding positive results.
Future Outlook
The company's strong performance in Q1, particularly the growth in digital revenue, positions it well for the evolving media landscape. HMVL's ability to maintain profitability while investing in digital transformation will be crucial for sustained growth in the coming quarters.
Investors and industry observers will be watching closely to see if Hindustan Media Ventures can maintain this momentum, especially given the ongoing shifts in media consumption habits and advertising trends.
Note: All financial figures are based on the un-audited consolidated financial results for the quarter, as reported by Hindustan Media Ventures Limited.
Historical Stock Returns for Hindustan Media Ventures
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-1.93% | -2.68% | -3.18% | +1.57% | -8.22% | +84.59% |