Q3 FY25: HT Media revenue sees 16% growth at Rs 286 crore

Net profit was nearly Rs 7 crore

e4m by e4m Staff
Published: Feb 10, 2025 4:57 PM  | 2 min read
HT Media
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HT Media has bounced back to profitability in the third quarter of FY25, reporting a consolidated net profit of Rs 6.57 crore. The company’s revenue from operations surged to Rs 285.7 crore, marking a 16% QoQ increase. The company recovered from a Rs 9.5 crore loss in the previous quarter.

According to the company’s filing with BSE, HT Media recorded a 9% YoY increase in advertising revenue, rising from Rs 283 crore in Q3 FY24 to Rs 309 crore in the quarter ended December 31, 2025. On a QoQ basis, ad revenues grew 22%, reflecting a robust recovery in key commercial categories, excluding FMCG, BFSI, Retail, and Industrial segments.

On a consolidated basis, HT Media reported total revenue of Rs 530 crore for Q3 FY25, up from Rs 486 crore in the corresponding quarter of the previous fiscal, reflecting a 9% YoY growth. Sequentially, this translates to an 11% rise in revenue.

HT Media’s digital segment continued its upward trajectory with a 32% YoY revenue increase, although it witnessed a 7% QoQ decline. The digital revenue for the quarter stood at Rs 51 crore, primarily driven by the performance of OTTplay and Shine, the company stated.

Despite the improved financial performance, HT Media reported a consolidated loss of Rs 3.24 crore. However, the losses have narrowed compared to previous quarters, indicating positive operational progress.

Shobhana Bhartia, Chairperson and Editorial Director, HT Media, highlighted the company’s improved performance across multiple segments. “On a consolidated basis, we reported growth in revenue and an improvement in operational profitability compared to last year as well as sequentially. Print advertising revenues have seen improved revenue growth due to better price/mix dynamics,” she said.

Bhartia further noted that stringent control over operational expenses has contributed to margin improvements on both a YoY and QoQ basis. She also pointed out that HT Media’s radio segment witnessed strong revenue growth due to its non-FCT (free commercial time) business, though margin pressures persist.

Looking ahead, HT Media aims to sustain its growth trajectory by leveraging its strengths in print, digital, and radio while maintaining a focus on cost efficiency and revenue diversification.

 

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Published On: Feb 10, 2025 4:57 PM