wordpress blog stats
Connect with us

Hi, what are you looking for?

HT Media Q3-11: Quick Overview Of Advertising, Circulation, Radio, Mint

HT Media, the media house that publishes print dailies Hindustan Times and Mint,has reported a net profit of Rs 47.8 crore, a 33.5% increase from last year’s Rs 35.8 crore. The company generated revenues of Rs 465.1 crore, a growth of 27% compared to Rs 366.1 crore that it earned over the same period last year.

Need To Know: HT Media Q3-11 (inclusive of Hindi business results for HMVL)

– Ad Revenues: Advertising revenues shot up by 27.2% year on year to Rs 369.9 crore from Rs 290.8 crore and 12.3% quarter on quarter.
– Segment contribution to advertising: The English segment grew at 25% contributing Rs 275.4 crore, while hindi segment saw a 35% growth generating ad revenues of Rs 94.5 crore.

– Circulation declines marginally: There was a 2% decline in circulation revenues year on year to Rs 47.1 crore from Rs 48.1 crore, but still 12.6% higher than the circulation revenues of the previous quarter.

– Hindustan Times: the newspaper saw a quarterly growth of 2% (IRS figures) and has a readership of 35.2 lakh. It isnumber 1 in Delhi and at the second spot in Mumbai, where its readership increased by 5% to 5.9 lakh readers.

– Mint: readership in Delhi, Mumbai and Bengaluru increased to 1.73 lakh. HT Media claims that 81% readers are exclusive and not reached by any other competitor.

– Radio: Fever 104 and other entertainment businesses generated revenues of Rs 18.2 crore in the Q3 FY11, an increase of 80% over last year’s third quarter numbers of Rs 10.1 crore. The EBITDA for the segment was Rs 3.9 crore compared to negative EBITDA of Rs 8 lakh last year.

Also see:

Internet business overviewHindi business performanceFinancials | Earnings call: Jan 19th, 12:30 pm

You May Also Like

News

Kotak Mahindra Bank reported a net profit of ₹1,853.5 crore for the third quarter of the current financial, up by 16% year-on-year from ₹1,944...

News

Yes Bank Ltd posted a net profit of ₹151 crore during the third quarter of the current financial year compared to a net loss...

News

Key takeaways Network18’s digital news revenue increased by 50% YoY for the second consecutive quarter Consolidated Net Profits grew 125% YoY Network18 Digital saw...

News

Netflix’s two day StreamFest in December 2020—where users in India could practically watch Netflix’s entire catalogue for free—brought millions of users to the service,...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to Daily Newsletter

    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ