HT Media Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016
January 24, 2017 at 08:00 am
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HT Media Limited reported earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company's net sales/income from operations was INR 6,444 million compared to INR 6,747 million a year ago. EBITDA was INR 1,653 million compared to INR 1,496 million a year ago. Profit before tax was INR 1,100 million compared to INR 1,047 million a year ago. Profit after tax was INR 1,064 million compared to INR 852 million a year ago. Net income was INR 914 million compared to INR 688 million a year ago. Basic EPS was INR 3.93 compared to INR 2.95 a year ago.
For the nine months, the company's net sales/income from operations was INR 18,499 million compared to INR 18,534 million a year ago. EBITDA was INR 4,058 million compared to INR 3,485 million a year ago. Profit before tax was INR 2,414 million compared to INR 2,324 million a year ago. Profit after tax was INR 1,968 million compared to INR 1,752 million a year ago. Net income was INR 1,447 million compared to INR 1,304 million a year ago. Basic EPS was INR 6.22 compared to INR 5.60 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 
