New Delhi, February 4, 2025 – HT Media Limited (BSE: 532662, NSE: HTMEDIA) announced its unaudited financial results for the third quarter and nine months ended December 31, 2024. The Board of Directors approved the financial statements in a meeting held on February 4, 2025.
Key Financial Highlights (Consolidated)
(INR in Lakhs)| Particulars | Q3 FY2025 | Q2 FY2025 | Q3 FY2024 | 9M FY2025 | 9M FY2024 |
|---|---|---|---|---|---|
| Revenue from Operations | 48,980 | 42,375 | 44,290 | 1,29,206 | 1,23,031 |
| Other Income | 4,064 | 5,553 | 4,350 | 14,476 | 17,874 |
| Total Income | 53,044 | 47,928 | 48,640 | 1,43,682 | 1,35,855 |
| EBITDA | 4,640 | 3,273 | 2,828 | 8,648 | 5,411 |
| Profit/(Loss) Before Tax | 639 | (939) | (2,144) | (3,934) | (12,356) |
| Profit/(Loss) After Tax | (324) | (633) | (1,514) | (3,716) | (9,107) |
| Loss per Share (INR) (Basic & Dil.) | (0.26) | (0.33) | (0.57) | (1.69) | (3.54) |
Segment-Wise Performance
(INR in Lakhs)| Segment | Revenue (Q3 FY2025) | Revenue (Q2 FY2025) | Revenue (Q3 FY2024) | PBT (Q3 FY2025) |
|---|---|---|---|---|
| Printing & Publishing | 38,680 | 33,420 | 36,255 | 2,804 |
| Radio Broadcast | 5,113 | 3,506 | 3,974 | (809) |
| Digital | 5,145 | 5,551 | 3,891 | (2,628) |
| Unallocated | 238 | 121 | 228 | (1,149) |
Corporate Announcements & Developments
- Amalgamation of HT Mobile Solutions Limited (HTMSL)
- The merger of HTMSL into HT Media Limited was sanctioned by the National Company Law Tribunal (NCLT), effective from April 1, 2020.
- The company allotted 24,835 equity shares to the shareholders of HTMSL.
- Investment in Mosaic Media Ventures Pvt. Ltd.
- The Board approved an investment of up to INR 11 crore in Mosaic Media Ventures, a wholly owned subsidiary.
- The investment will be used to scale its news, analysis, and research operations.
- Debt Position
- The company settled INR 3,200 lakhs of outstanding non-convertible debentures during the quarter.
Management Commentary
Shobhana Bhartia, Chairperson & Editorial Director, commented:"Our continued focus on revenue diversification and digital transformation is showing results. While profitability remains a challenge, we are making strategic investments to strengthen our digital and media research businesses, which will drive long-term growth."
Outlook
HT Media remains committed to:- Expanding its digital and research segments with increased investments.
- Improving cost efficiencies across its traditional media and broadcasting businesses.
- Enhancing monetization strategies for its radio and digital platforms.
Stock Market & Investor Information
The company’s unaudited financial results and investor disclosures are available on its official website: www.htmedia.in.Disclaimer: This report is based on publicly disclosed financial data from HT Media Limited’s unaudited financial statements for Q3 FY2025.