HTML revenue rises 8.8% to Rs 647 crore in July-September - Hindustan Times
close_game
close_game

HTML revenue rises 8.8% to Rs 647 crore in July-September

PTI | By, New Delhi
Oct 28, 2015 10:44 PM IST

HT Media Ltd (HTML), the publisher of Hindustan Times and Mint, posted an 8.8% year-on-year increase in total revenue to Rs 647.2 crore for the quarter ended September 30, 2015.

HT Media Ltd (HTML), the publisher of Hindustan Times and Mint, posted an 8.8% year-on-year increase in total revenue to Rs 647.2 crore for the quarter ended September 30, 2015, compared to Rs 594.8 crore in the same period last year.

The company’s profit after tax declined 8.7% to Rs 48.0 crore during the quarter from Rs 52.6 crore in the year-ago period.

Hindustan Times - your fastest source for breaking news! Read now.

“Our performance this quarter has been satisfactory despite subdued economic activity and tepid markets,” said Shobhana Bhartia, chairperson and editorial director, HTML.

The company reported a 6.7% rise in advertising revenues to Rs 474.2 crore during the quarter compared to Rs 444.4 crore in the same period of the previous year.

Circulation revenues increased 5.2% to Rs 75.4 crore during the quarter, compared to Rs 71.7 crore a year-ago.

Other revenues increased 24% to Rs 97.6 crore during the second quarter from Rs 78.7 crore in the same period of the previous year.

Revenues from the digital segment grew 36% to Rs 33.9 crore from Rs 24.9 crore in the year-ago period.

The radio business reported a 20.5% increase in reported revenue to Rs 29.3 crore during the quarter ended September 30, 2015, compared to Rs 24.4 crore in the same quarter of the previous fiscal year.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!
Stay informed on Business Newsalong withGold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Friday, February 23, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On