Media company HT Media has reported digital revenues of Rs 15.41 crore for the quarter ended March 31, 2015, registering a 18.26% growth from Rs 13.03 crore in the same quarter last year and a 4.83% growth from Rs 14.70 crore in the previous quarter. The segment however continued to report losses: Rs 13.35 crore loss for the quarter as against Rs 5.40 crore loss in the same quarter last year and Rs 11.08 crore loss in the previous quarter. Shine.com financials: According to the company presentation, HT Media’s job portal business Shine.com has registered a 33% year-on-year (YoY) revenue growth for the quarter. Note that HT Media only discloses Shine’s revenue growth on a yearly basis for each quarter and has never disclosed Shine’s exact revenues. Digital contributes only 4.19% of HT Media’s revenues It’s also worth noting that digital revenues accounted for just 4.19% of HT Media’s operational income that was at Rs 36.773 crore for the quarter. The company’s newspaper & periodicals printing business still contributes a majority of its revenues. However, it slipped from 96.30% of HT Media’s operational income in the previous quarter to 88.8% in Q4 FY15 quarter. Financials: – Total revenue up 2.5% to Rs 36.77 crore from Rs 35.84 crore in the same quarter last year. – Profit After Tax (PAT) declined by 33.32% to Rs 49.29 crore from Rs 73.92 crore in Q3-FY14. – Print revenues were down from Rs 52.28 crore in this quarter as opposed to Rs 55.32 crore in…
