HT Media has reported results for first quarter ended June 30, 2014.
The company’s net profit has declined 45.25% at Rs 17.69 crore as compared to Rs 32.31 crore for the quarter ended June 30, 2013. Its total income from operations has decreased marginally by 3.83% to Rs 333.82 crore for the quarter under review from Rs 347.13 crore for the corresponding quarter of the previous year.
On the consolidated basis, the Group has reported 31.21% fall in its net profit after taxes & Minority interest at Rs 32.67 crore for the quarter as compared to Rs 47.49 crore for the same quarter in the previous year. However, total income has increased marginally by 1.01% at Rs 546.41 crore for quarter under review as compared to Rs 540.93 crore for the quarter ended June 30, 2013.
