Hindustan Media Ventures posts Rs 39.67 crore as Q1 net profit

The company’s net profit has jumped nearly three times compared to the same period last year 

e4m by exchange4media Staff
Updated: Jul 22, 2019 3:52 PM

Hindustan Media Ventures Ltd has posted an almost three-fold jump in its net profit to Rs 39.67 crore, as per media reports, for the quarter ended June 30.

In its BSE filing, the company has said it has posted a profit of Rs 13.20 crore in the April-June quarter of 2018-19.

The total income stands at Rs 239.67 crore, while it was Rs 234.65 crore in the same period last year.

The total expenses have been reported as Rs 190.89 crore as against last year’s Rs 216.39 crore. 

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