HT Media clocks 92.6% growth

HT Media registered a strong growth of 92.6 per cent in its profit for the quarter ended September 2009 as the profits for the company went up to Rs 31.4 crore from Rs 16.3 crore.

Updated on: Oct 26, 2009, 20:49:49 IST

Hindustan Times | By HT Correspondent, New Delhi

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HT Media

registered a strong growth of 92.6 per cent in its profit for the quarter ended September 2009 as the profits for the company went up to Rs 31.4 crore from Rs 16.3 crore.

The company saw a rise in its total revenues of 4 per cent as it rose to Rs 348.1 crore in the quarter between July and September 2009 from Rs 334.2 crore in the year-ago period.

Shobhana Bhartia, Chairperson and Editorial Director, HT Media, said: “I am happy to report a strong performance on the back of encouraging traction from our new initiatives and a continued emphasis on cost optimisation. We are excited with the positive response to the redesigned version of Hindustan Times across markets. This is our effort to remain in sync with the changing demographic profile.”

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