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HT Media’s Q4 consolidated net declines 58%

19 May 2012 Evaluate

HT Media has reported decline of 57.78% at Rs 22.62 crore in its consolidated net profit for the fourth quarter ended March 31, 2012 as compared to Rs 53.58 crore in the same period previous fiscal. The fall in net profit is mainly due to higher overall expenses.

The company’s overall total expenses during the period under review jumped by 16.83% to Rs 470.84 crore as against Rs 403 crore in the same period a year ago. Of which the cost of materials consumed during the period stood at Rs 185.65 crore as against Rs 163.74 crore in the previous fiscal, up by13.38%.

However, total income from operations of the company during the quarter under review stood at Rs 494.1 crore as against Rs 467.27 crore in the corresponding period previous fiscal, up by 5.74%.

For the full year 2011-12, the company’s consolidated net profit fall 7.69% to Rs 171.53 crore as compared to Rs 185.82 crore in the previous fiscal however, total income from operations during the fiscal stood at Rs 2,002.98 crore as against Rs 1,776.17 crore in the previous fiscal, up by 12.77%.

The company’s board has recommended 20% dividend of 40 paise per equity share of face value Rs 2 for the fiscal 2011-12 at an outgo of Rs 9.4 crore.

HT Media Share Price

23.96 0.86 (3.72%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
D.B. Corp 214.40
Navneet Education 157.80
Jagran Prakashan 67.00
HT Media 23.96
Hindustan Media Vent 68.84
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