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Hindustan Media Ventures reports 72% fall in Q1 net profit

17 Jul 2018 Evaluate

Hindustan Media Ventures has reported results for first quarter ended June 30, 2018.

The company has reported a fall of 72.49% in its net profit at Rs 13.20 crore for the quarter under review as compared to Rs 47.98 crore for the same quarter in the previous year. Total income of the company decreased by 10.40% at Rs 234.65 crore for Q1FY19 as compared Rs 261.89 crore for the corresponding quarter previous year.

Hindustan Media Ventures is one of the leading print media companies in India in terms of readership.

Peers
Company Name CMP
D.B. Corp 191.40
Jagran Prakashan 62.05
HT Media 24.97
Navneet Education 128.20
S Chand And Company 136.75
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