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HT Media Q3FY12 Digital Revenue At Rs 11.67 Crore

Media company HT Media has reporting digital revenues of Rs 11.67 crore for the quarter ended 31st December 2011 (Q3-FY12), up from Rs 8.27 crore for the same period last year, and a loss of Rs 9.34 crore, down from a Rs 10.55 crore loss last fiscal. The company said that it would continue investments in the digital business for long term growth. The HT Media Investor Relations team had earlier clarified to MediaNama that Digital segment revenues for HT Media constitute advertising on LiveMint.com, Hindustantimes.com, LiveHindustan.com, HTCampus.com and Desimartini.com, as well as revenues from HT Mobile (JV with Velti PLC) and revenues from the Shine.com recruitment business. HT Media also has a 65:35 mobile solutions joint venture with Velti PLC called HT Mobile, and revenues for that company are typically not disclosed separately. Firefly e-Ventures and HT Mobile are held by HT…

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