HT Media Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018
January 16, 2019 at 01:52 pm IST
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HT Media Limited announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2018. For the third quarter, the company announced total revenue was INR 6,648.900 million compared to INR 6,817.000 million a year ago. Net income was INR 354.200 million compared to INR 1,243.600 million a year ago. Basic earnings per share was INR 1.52 compared to INR 5.34 a year ago. Basic earnings per share from continuing operations was INR 1.13 compared to INR 5.23 a year ago.
For the nine months, total revenue was INR 18,004.100 million compared to INR 19,240.500 million a year ago. Net loss was INR 9.900 million compared to net income of INR 2,321.300 million a year ago. Basic loss per share was INR 0.04 compared to basic earnings per share of INR 9.97 a year ago. Basic loss per share from continuing operations was INR 0.86 compared to basic earnings per share from continuing operations of INR 9.63 a year ago.
HT Media Limited is an India-based company. The Company is engaged in printing and publishing of newspapers and periodicals. It is also engaged in frequency modulation (FM) radio broadcasting and digital. It is involved in providing entertainment, radio broadcast and all other related activities through its radio stations operating under the brand name Fever 104, Fever, and Radio Nasha. The digital business of the Company comprises various online platforms such as shine. Com. The Company operates through three segments: Printing and publication of newspapers and periodicals; Business of entertainment, radio broadcast and all other related activities through its Radio channels operating under brand name Fever 104, Radio Nasha and Radio One 94.3 in India, and business of providing digital services through Shine.com (job portal). The Company is also involved in the sale of various other digital offerings in the form of online advertising, subscription revenue, and syndication revenue.
HT MEDIA LIMITED 
