New Delhi: HT Media Ltd, a leading media conglomerate in India, reported a significant improvement in its financial performance for the second quarter of the fiscal year 2025 (Q2FY25). The company’s consolidated net loss narrowed down to Rs 6.33 crore, a substantial decrease from the Rs 56.95 crore loss recorded in the same period last year.
Revenue Growth and Operational Efficiency
HT Media’s revenue from operations surged by 7.55% to Rs 423.75 crore during the September quarter, compared to Rs 393.99 crore in the corresponding period of the previous year. This growth was primarily driven by a combination of strategic pricing initiatives, stringent cost management, and improved operational efficiency.
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Segmental Performance
- Print & Publishing: This segment witnessed a 3.11% increase in revenue to Rs 334.20 crore, primarily due to growth in advertising revenue.
- Radio Broadcast & Entertainment: This segment remained relatively flat, with revenue declining marginally to Rs 35.06 crore.
- Digital: This segment showcased robust growth, with revenue soaring by 53.85% to Rs 55.51 crore. The growth was largely attributed to the success of the OTTplay platform, which continues to attract a growing user base.
Future Outlook
HT Media’s Chairperson, Shobhana Bhartia, expressed optimism about the company’s future prospects. She highlighted the positive impact of the upcoming festive season on both retail and commercial market activities, which is expected to further boost the company’s growth. HT Media remains committed to enhancing audience engagement, offering innovative solutions to advertisers, and delivering engaging content to its customers.
