HT Media Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2015
January 27, 2016 at 03:54 am
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HT Media Limited reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, on standalone basis, the company reported total income from operations of INR 4,181.5 million compared to INR 3,953.8 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 483.7 million compared to INR 352.5 million a year ago. Profit from ordinary activates before tax was INR 468.7 million compared to INR 398.4 million a year ago. Net profit was INR 438.0 million or INR 1.88 per basic and diluted share before and after extraordinary items compared to INR 436.1 million or INR 1.87 per basic and diluted share before and after extraordinary items a year ago.
For the nine months period, on standalone basis, the company reported total income from operations of INR 11,355.2 million compared to INR 10,850.9 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 447.7 million compared to INR 613.6 million a year ago. Profit from ordinary activates before tax was INR 788.3 million compared to INR 1,016.6 million a year ago. Net profit was INR 719.0 million or INR 3.09 per basic and diluted share before and after extraordinary items compared to INR 956.1 million or INR 4.11 per basic and diluted share before and after extraordinary items a year ago.
For the quarter, on consolidated basis, the company reported total income from operations of INR 6,811.2 million compared to INR 6,055.0 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,210.1 million compared to INR 1,057.9 million a year ago. Profit from ordinary activates before tax was INR 1,001.3 million compared to INR 811.3 million a year ago. Net profit for the period was INR 808.8 million or INR 2.96 per basic and diluted share before and after extraordinary items compared to INR 739.2 million or INR 2.75 per basic and diluted share before and after extraordinary items a year ago. EBITDA was INR 1,457 million against INR 1,306 million a year ago. EBITDA growing by 11.6% to INR 1.46 billion from INR 1.31 billion, with EBITDA margin at 20.6% versus 20.1% last year.
For the nine months period, on consolidated basis, the company reported total income from operations of INR 18,698.5 million compared to INR 17,127.9 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 2,642.5 million compared to INR 2,608.6 million a year ago. Profit from ordinary activates before tax was INR 2,214.5 million compared to INR 2,089.6 million a year ago. Net profit was INR 1,645.3 million or INR 5.59 per basic and diluted share before and after extraordinary items compared to INR 1,685.6 million or INR 6.04 per basic and diluted share before and after extraordinary items 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.