Hindustan Media Ventures Reports 6% Revenue Growth in Q1
Hindustan Media Ventures Limited (HMVL) reported a 6% year-over-year increase in consolidated revenue, reaching INR 451.00 crore for Q1 FY24. EBITDA rose 33% to INR 10.00 crore, while net loss narrowed by 59% to INR 11.00 crore. The print business drove growth with advertising revenue up 17% YoY to INR 255.00 crore. Digital revenue grew 21% to INR 56.00 crore, driven by platforms like Mosaic, Shine, and OTTplay. However, the radio segment faced challenges with a 13% revenue decline. HMVL maintains a strong cash position of INR 976.00 crore as it navigates the evolving media landscape.
04Aug 25
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.
19May 25
Hindustan Media Ventures Reports Robust Q4 Performance with Soaring EBITDA and Profit
Hindustan Media Ventures announced impressive Q4 financial results. EBITDA surged to ₹517.00 crore from ₹81.00 crore year-over-year, a 538% increase. Net profit soared to ₹452.00 crore from ₹111.00 crore. Revenue grew to ₹2,000.00 crore, up 6.38% from the previous year. The EBITDA margin expanded significantly to 25.85% from 4.31%, highlighting improved operational efficiency and cost management.