Top Story

e4m_logo.png

Home >> Media - Others >> Article

Hinduja Ventures Q3 FY14 net dips marginally to Rs 23.54 cr

01-February-2014
Font Size   16
Hinduja Ventures Q3 FY14 net dips marginally to Rs 23.54 cr

Hinduja Ventures has seen a marginal dip of 1.25 per cent in its standalone net profit for the third quarter ended December 31, 2013 at Rs 23.54 crore, as compared to Rs 23.83 crore in the corresponding quarter of the previous fiscal.

The company reported growth in its Q3 FY14 total income at Rs 28.59 crore as against Rs 28.31 crore in the same period last fiscal.

Meanwhile, Hinduja Ventures has announced revamp of its media vertical in order to enhance synergy across its various media initiatives. To support this initiative, Rs 300 crore is being invested in the media business.

As is known, Hinduja Ventures is the holding company of integrated media company IndusInd Media & Communications. With an estimated 8.5 million subscribers across 36 major cities, the company offers over 350 channels in the digital mode.
 

Tags Hinduja Ventures Q3 FY14 results IndusInd Media & Communications

Vijay Mansukhani, speaks to exchange4media about the resurgence of Onida, the scope of growth of consumer electronics market in India and the reasons why Indian consumer electronics brands don’t compete on a global scale

Projjol Banerjea opens up about hiring Anne Macdonald and GroupM's Rob Norman, and the brand's new identity

Meera Iyer tells exchange4media that in FY 2016/17, bigbasket clocked a revenue of Rs 1,400 crore. The online supermarket currently stands at 70,000 orders a day, with operations in 25 cities.

CMO, Kashyap Vadapalli on the start-up’s marketing play, why it has decided to stay away from IPL and response to its furniture rental apps

Ushering the launch with a campaign titled ‘The New Way to Get Rich’ showcasing how technology gets millennials closer to their financial dreams

Ogilvy and Love Matters conceptualised a campaign that aimed to change the conversation and imagery that is associated with the LGBTQ community and lesbians in particular