Hindustan Media Ventures Reports 6% Revenue Growth in Q1 1 day ago
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.
Hindustan Media Ventures Posts 20-Fold Jump in Q1 Net Profit 2 days ago
Hindustan Media Ventures Reports Robust Q4 Performance with Soaring EBITDA and Profit May 19, 2025