H T Media Ltd's Q3FY25 Quarter Results
- 05 Feb 2025
Result Summary
- H T Media Ltd reported a 10.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 9.1%.
- Its expenses for the quarter were up by 7.2% QoQ and 3.2% YoY.
- The net profit decreased 48.8% QoQ and decreased 78.6% YoY.
- The earnings per share (EPS) of H T Media Ltd declined at 0.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 530.44 | 479.28 | 486.40 | 10.7% | 9.1% |
Total Expenses | 524.05 | 488.67 | 507.90 | 7.2% | 3.2% |
Profit Before Tax | 6.39 | -9.39 | -21.50 | -168.1% | -129.7% |
Tax | 9.63 | -3.06 | -6.30 | -414.7% | -252.9% |
Profit After Tax | -3.24 | -6.33 | -15.14 | -48.8% | -78.6% |
Earnings Per Share | -0.30 | -0.30 | -0.60 | 0.0% | -50.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
H T Media Ltd is a prominent player in the Indian media industry. The company is primarily involved in the publication of newspapers and periodicals, and it operates popular brands such as Hindustan Times, Hindustan, and Mint. These publications have a significant readership across various regions in India. In addition to print media, H T Media Ltd has expanded into digital media, offering online news services and digital advertising solutions. The company is also engaged in the radio broadcasting sector through its subsidiary, Fever 104 FM. As of the last update, there were no specific recent major developments available regarding strategic shifts or expansions within the company.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), H T Media Ltd reported a total income of ₹530.44 crores. This represents a quarter-over-quarter (QoQ) increase of 10.7% from ₹479.28 crores in Q2FY25. Year-over-year (YoY), the total income grew by 9.1% from ₹486.40 crores in Q3FY24. The revenue growth could be attributed to various factors such as increased advertising revenues, subscription growth, or expansions in digital or radio segments, although specific drivers are not detailed in the data provided. The consistent growth in income highlights the company's ability to maintain its revenue-generating activities effectively over the observed periods.
Profitability
During Q3FY25, H T Media Ltd reported a profit before tax (PBT) of ₹6.39 crores, a notable improvement from the previous quarter (Q2FY25), where the company reported a loss of ₹9.39 crores. Compared to the same quarter last year (Q3FY24), where a loss of ₹21.50 crores was recorded, this marks a significant positive change. However, the profit after tax (PAT) for Q3FY25 was negative at ₹-3.24 crores, which shows an improvement from the loss of ₹-6.33 crores in Q2FY25 and ₹-15.14 crores in Q3FY24. The earnings per share (EPS) remained constant at ₹-0.30 when compared to the previous quarter, while it improved by 50% on a YoY basis from ₹-0.60. These figures illustrate the company's efforts towards profitability, with reductions in losses and improvements in PBT being evident.
Operating Metrics
The company's total expenses for Q3FY25 stood at ₹524.05 crores, which is a 7.2% increase QoQ from Q2FY25's ₹488.67 crores and a 3.2% increase YoY from ₹507.90 crores in Q3FY24. This rise in expenses could be due to various operational factors such as increased cost of raw materials, marketing expenses, or investments in digital platforms. Despite the increase in expenses, the company achieved a positive PBT, indicating efforts to balance costs with revenue. The tax expenditure for Q3FY25 was ₹9.63 crores, reflecting a reversal from negative tax figures in previous quarters. The reported data does not provide additional operating metrics such as the debt-to-equity ratio or current ratio, which would offer further insights into the financial health and operational efficiency of H T Media Ltd.
