Top Story

Home >> Media–Print >> Article

HT Media FY10 net consolidated revenue up 6 pc at Rs 14,379 mn

12-May-2010
Font Size   16
HT Media FY10 net consolidated revenue up 6 pc at Rs 14,379 mn

HT Media Ltd has reported a 6 per cent increase in its net consolidated revenue at Rs Rs 14,379 million, as against Rs 13,591 million last year. This increase has been on account of net increase of Rs 586 million in revenue from its print segment, while revenue from its radio segment recorded a 52 per cent growth of Rs 431 million.

Circulation revenue was up 20 per cent at Rs 1,833 million from Rs 1,531 million due to rise in circulation numbers and improved realisations. Advertisement revenue registered a marginal growth of 1 per cent at Rs 11,439 million on account of growth in volumes and improvement in price realisations.

Meanwhile, the net income increased from Rs 9 million last year to Rs 1,359 million on account of reduction in financial expenses resulting from reduced borrowings, in addition to the factors contributing to improving in EBITDA.

Meanwhile, the net consolidated revenue for the fourth quarter ending March 31, 2010 grew by 12 per cent at Rs 3,851 million from Rs 3,224 million. This was due to a net increase of Rs 372 million in revenue from the print segment, which was primarily on account of an 8 per cent increase in ad revenue at Rs 3,017 million and 5 per cent growth in circulation revenue at Rs 429 million.

Revenue from the radio segment recorded a growth of 77 per cent at Rs 135 million in Q4 FY10 on account of increased advertising.

Commenting on the Q4 FY10 performance, Shobhana Bhartia, Chairperson and Edirotial Director, HT Media, said, “The just concluded quarter and financial year has been extremely good and gives us optimism for the future. All our businesses have shown good growth. Our Hindi business has performed exceedingly well. We are enthused with the results of the inaugural quarterly IRS with both Hindustan Times and Hindustan clearly showing robust readership growth.”

Tags

Varun Raina, Marketing Manager, Airbnb India speaks to exchange4media about the successful #LiveThere campaign and how Bollywood helps them connect with its young consumer

Tim Castree is all praises for his team in India and trusts it to be a result of “an excellent execution of agency’s global strategy” headed by Kartik Sharma

Siddharth Dabhade says Criteo’s technology allows brands to engage with shoppers, create relevant experience on retail apps, thereby driving sales and profits

Shantanu Gangane says OTT platform Viu plans around 20+ originals and is all set to enter the Tamil market with a mix of syndicated and original content

right
left
OFF THE CUFF HAS JOURNALIST ARUN SHOURIE IN CONVERSATION WITH SHEKHAR GUPTA IN MUMBAI IAA HOSTS FIRST INDIAA REGIONAL AWARDS (TELUGU) IN HYDERABAD BREAK THE CEILING TOUCH THE SKY 2018 SEES OVERWHELMING INDUSTRY PARTICIPATION 10TH EDITION OF ABC EUREKA AWARDS IN MUMBAI CELEBRATES WORK OF PARTNER AGENCIES EMINENT JURY PICKS LOUDEST’S 100 MOST POWERFUL INDIAN MUSIC BUSINESS LEADERS MODE LOFT BY SABGROUP LAUNCHES SIGNATURE MENSWEAR POWER DRESSING CLOTHING LINE TOP MARKETERS DISCUSS ART AND SCIENCE OF EFFECTIVE LISTENING @PITCH CMO SUMMIT 2018, DELHI THIRD SEASON OF ‘INDIA’S TOP DIGITAL PLANNERS’ RECOGNIZES EXCELLENCE IN THE DIGITAL INDUSTRY WOMEN ECONOMIC FORUM 2018 SEES DISTINGUISHED GLOBAL PERSONALITIES IN ATTENDANCE PEPPER CREATIVE AWARDS 2018 RECOGNIZE THE BEST IN ADVERTISING IN SOUTH INDIA RADIO CITY’S POWER OF RADIO MEET HOSTS TOP ADVERTISING INDUSTRY LEADERS TOP INDUSTRY PERSONALITIES ATTEND ZOOM-MYNTRA EVENING TO CELEBRATE THEIR PARTNERSHIP LEADING MARKETERS, EXPERTS SHARE INSIGHTS ON DIGITAL TRANSFORMATION @ADOBE SYMPOSIUM IN MUMBAI NICKELODEON TRADE PARTY SEES MARKETING INDUSTRY LEADERS AND THEIR FAMILIES IN ATTENDANCE GOLDEN MIKES RADIO ADVERTISING AWARDS 2018 RECOGNIZE INDUSTRY’S MOST DESERVING ACHIEVERS AIMA MANAGING INDIA AWARDS HONOUR THE BEST IN THE INDUSTRY BW BUSINESSWORLD’S GREAT INDIA DEBATE BRINGS TOGETHER INTELLECTUALS ACROSS INDUSTRY SECTORS BW BUSINESSWORLD SMART CITIES CONCLAVE PATNA 2018 SEES EMINENT INDUSTRY LEADERS IN ATTENDANCE EMINENT JURY PICKS WINNERS OF GOLDEN MIKES RADIO ADVERTISING AWARDS MADDYS 2018 SEE TOP ADVERTISING AND MARKETING INDUSTRY LEADERS IN ATTENDANCE

Bharti-Airtel issued a statement claiming the apex court dismissed Jio’s petition granting Airtel a partial reprieve over its IPL advertising campaign

Hareesh Tibrewala explains how Block Chain technology can help monetize your digital footprint, as per your own rules, instead of a 3rd party doing it

Kavinder Singh talks about the brand’s advertising and marketing strategy and tells us how it has has played an integral role in the rise in its standalone net profit to Rs 38.55 crore