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Hindustan Media Ventures reports 25% fall in Q3 net profit

15 Jan 2019 Evaluate

Hindustan Media Ventures has reported results for third quarter ended December 31, 2018.

The company has reported 25.40% fall in its net profit at Rs 29.16 crore for the quarter under review as compared to Rs 39.09 crore for the same quarter in the previous year. However, total income of the company increased by 6.02% at Rs 252.80 crore for Q3FY19 as compared Rs 238.45 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 172.50
Jagran Prakashan 61.46
HT Media 22.33
Navneet Education 124.00
S Chand And Company 146.20
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