New Delhi, February 3, 2025 – Hindustan Media Ventures Limited (HMVL) has announced its unaudited financial results for the quarter and nine months ended December 31, 2024, along with key investment approvals. The results were approved by the Board of Directors in a meeting held on February 3, 2025.
Key Financial Highlights (Consolidated)
(All figures in INR Lakhs unless stated otherwise)| Metric | Q3 FY25 | Q2 FY25 | Q3 FY24 | 9M FY25 | 9M FY24 | FY24 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 19,747 | 17,199 | 18,295 | 53,164 | 51,504 | 70,409 |
| Total Income | 22,139 | 20,815 | 20,651 | 61,863 | 59,311 | 81,065 |
| EBITDA | 2,573 | 2,168 | 832 | 5,607 | 2,364 | 3,173 |
| Profit Before Tax (PBT) | 1,971 | 1,482 | (181) | 3,507 | (560) | (757) |
| Profit After Tax (PAT) | 1,799 | 1,387 | (82) | 3,238 | (79) | 995 |
| EPS (Basic & Diluted) (INR) | 2.44 | 1.88 | (0.11) | 4.40 | (0.11) | 1.35 |
- Revenue Growth: HMVL reported an 8% QoQ and 7.9% YoY increase in total revenue.
- Profitability: The company turned profitable with a PAT of ₹1,799 Lakhs in Q3 FY25 compared to a net loss of ₹82 Lakhs in Q3 FY24.
Segment-Wise Performance
| Segment | Q3 FY25 Revenue | Q2 FY25 Revenue | Q3 FY24 Revenue | 9M FY25 Revenue | 9M FY24 Revenue | FY24 Revenue |
|---|---|---|---|---|---|---|
| Printing & Publishing | 17,972 | 15,816 | 17,677 | 49,223 | 50,750 | 68,897 |
| Digital | 1,672 | 1,447 | 418 | 4,022 | 781 | 1,365 |
| Unallocated | 239 | 120 | 227 | 438 | 333 | 531 |
| Total Revenue | 19,747 | 17,199 | 18,295 | 53,164 | 51,604 | 70,409 |
- Digital Segment: Witnessed significant YoY growth from ₹418 Lakhs in Q3 FY24 to ₹1,672 Lakhs in Q3 FY25, driven by increased engagement.
- Printing & Publishing: Remained the primary revenue contributor, generating ₹17,972 Lakhs in Q3 FY25.
Key Investments Announced
HMVL has approved strategic investments in four companies:| Company | Investment Amount (INR Crore) | Industry | Ownership Stake |
|---|---|---|---|
| Neema Consumer Global (NotShy) | 7.01 | Sexual Wellness (D2C) | To be determined upon conversion |
| Atlanture Sports Pvt. Ltd. | 21.02 | Sports League | To be determined upon conversion |
| Lord’s Mark Industries Ltd. | 31.22 | Manufacturing (Paper, Solar, MedTech) | 0.42% in first tranche, additional stake TBD |
| Cutting Edge Software (Eazydiner) | 6.01 | Food Tech | Increased from 0.64% to 0.94% |
- Rationale: Investments are aimed at leveraging HMVL’s media assets for long-term capital returns.
Management Commentary
Shobhana Bhartia, Chairperson, HMVL, stated:Strategic Outlook
- Revenue Growth: Continued expansion in the digital business and sports content monetization.
- Investments in High-Growth Sectors: Strengthening market presence through diversified investments.
- Profitability Focus: Maintaining cost efficiencies while scaling up new business lines.