Hindustan Media Ventures has reported results for second quarter ended September 30, 2012.
The company has posted a fall of 2.30% in its net profit at Rs 21.67 crore for the quarter ended September 30, 2012 as compared to Rs 22.18 crore for the same quarter in the previous year. However, total income has increased by 4.18% at Rs 159.21 crore for quarter under review as compared to Rs 152.82 crore for the quarter ended September 30, 2011.
Hindustan Media Ventures is one of the leading print media companies in India in terms of readership. The company publishes and prints ‘Hindustan’, the third largest daily newspaper in India in terms of readership, with a readership of 9.3 million readers.