Home >> Media–Print >> Article

HT Media Q3 net marginally up at Rs 482 mn

23-January-2012
Font Size   16
HT Media Q3 net marginally up at Rs 482 mn

HT Media Ltd’s Q3 FY12 net profit was marginally up at Rs 482 million from Rs 478 million. Total revenue was up 14 per cent for the third quarter ended December 31, 2011 at Rs 5,266 million from Rs 4637 million.

The media conglomerate reported an 11 per cent increase in advertising revenue of the print segment to Rs 4,073 million from Rs 3,686 million primarily driven by advertising yield improvements.

Circulation revenue of the print segment was up 7 per cent at Rs 503 million from Rs 471 million, driven by higher circulation and realisation.

EDBITDA remained stable at Rs 945 million as compared to Rs 947 million, as growth in revenue got offset primarily in account of 13 per cent increase in consumption of raw materials, 23 per cent increase in employees cost and 25 per cent increase in other expenditure, besides foreign exchange loss of Rs 100 million.

Commenting on the performance for Q3 FY12, Shobhana Bhartia, Chairperson and Editorial Director, HT Media Ltd, said, “We are happy to report continued growth in a tough economic environment, resulting on slowing advertising spend and a weakening rupee.”

She further said, “The latest IRS 2011 Q3 results are a reflection of HT Media’s continued strength in the print media segment. Hindustan Times maintained its leadership across the Delhi NCR region while remaining the fastest growing daily in Mumbai. Hindustan consolidated its No. 2 position across the country in terms of total readership while Mint remains the fastest growing business daily further strengthening its No. 2 position. All of the other businesses, namely digital and radio, performed encouragingly.”

Also read:

Hindustan Media Ventures Q3 net dips to Rs 108 mn

The newly appointed CEO of ZEE5 on how he aims to have the widest appeal in the OTT space amongst Indian consumers

The VP, Marketing and Communications (South Asia), talks about the company's growth strategy, its focus areas, impact of demonetisation on consumer behaviour and much more

Siju Prabhakaran, South Cluster Head, Zee Entertainment Enterprises Limited, talks about channel's rebranding, extending fiction shows to weekends and much more

Stuart Bowden talks about purchase journey, the revised version of Cannes Lions, Wavemaker India’s performance and a lot more

right
left
DISTINGUISHED JURY COMES TOGETHER TO PICK WINNERS FOR PITCH’S TOP 50 BRANDS PITCH CMO SUMMIT BANGALORE SEES TOP CMOS ACROSS INDUSTRIES IN ATTENDANCE 1ST REPUBLIC TV GULF INDIAN LEADERSHIP SUMMIT & AWARDS HONOUR STALWARTS OF INDIAN GULF BUSINESS COMMUNITY SONY YAY! CELEBRATES ITS FIRST BIRTHDAY WITH PARTY FOR TRADE PARTNERS THOUGHT LEADERS AND TOP DIGITAL MARKETERS SPEAK @ EXCHANGE4MEDIA GROUP’S TECHMANCH 2018 IN MUMBAI EXCHANGE4MEDIA’S IDMA 2018 RECOGNIZES INDUSTRY’S BEST DIGITAL MARKETING CAMPAIGNS REALTY PLUS UNVEILS COFFEE TABLE BOOK AT 10TH CONCLAVE & EXCELLENCE AWARDS @AHMEDABAD EMINENT JURY CONGREGATES TO PICK WINNERS OF INDIAN DIGITAL MARKETING AWARDS 2018 OFF THE CUFF SEES ‘SWACHH BHARAT ABHIYAN’ MAN PARAMESWARAN IYER IN CONVERSATION WITH SHEKHAR GUPTA EXCHANGE4MEDIA’S LOUDEST.IN HOSTS INAUGURAL EDITION OF MUSIC INC. IN MUMBAI EMINENT JURY CONGREGATES TO PICK IMPACT’S 40UNDERFORTY ACHIEVERS PORTER PRIZE & INSTITUTE FOR COMPETITIVENESS RECOGNIZE STRATEGIC ACUMEN IN COMPANIES DELHI AD CLUB-SAARC AWARDS 2018 RECOGNIZE EXCELLENCE ACROSS CREATIVE, MEDIA & DIGITAL AGENCIES BSNL & CALL2ACTION COMMUNICATION INDIA LAUNCH MOBILE ADVERTISING PLATFORM, INFOMO IN NEW DELHI CHILDREN’S RIGHTS ACTIVIST KAILASH SATYARTHI LAUNCHES BOOK ‘EVERY CHILD MATTERS’ SENIOR JOURNALIST VIJAY TRIVEDI LAUNCHES BOOK ‘YADA YADA HI YOGI’ BASED ON YOGI ADITYANATH EMINENT JURY CONGREGATES TO PICK IMPACT’S 40UNDERFORTY ACHIEVERS PORTER PRIZE & INSTITUTE FOR COMPETITIVENESS RECOGNIZE STRATEGIC ACUMEN IN COMPANIES DELHI AD CLUB-SAARC AWARDS 2018 RECOGNIZE EXCELLENCE ACROSS CREATIVE, MEDIA & DIGITAL AGENCIES MARK TULLY, OTHER JOURNALISTS HONOURED BY MUMBAI PRESS CLUB AT ANNUAL REDINK AWARDS

On his recent visit to India, Richard Glasson spoke about the critical elements that define modern marketing communication and the company’s vision for the Indian market

It's apparent that Maggi is changing the way it speaks to its customers especially with the recent ad to make kitchen space gender-neutral

The new TVC portrays repressive gender roles and tells us that there is no place for gender-based power games