HT Media reports 24.02% fall in Q2 net profit

HT Media Ltd. | Printing And Publishing | Media | BSE: 532662 | NSE: HTMEDIA

15 Oct 2012 Evaluate

HT Media has reported results for second quarter ended September 30, 2012.

The company has posted a fall of 24.02% in its net profit at Rs 33.31 crore for the quarter ended September 30, 2012 as compared to Rs 43.84 crore for the same quarter in the previous year. However, total income has increased by 4.46% at Rs 510.74 crore for quarter under review as compared to Rs 488.91 crore for the quarter ended September 30, 2011.

HT Media is engaged in print media, electronic media and also conducts several marketing events. The group's Hindi newspaper ‘Hindustan’ ranks as the third largest-read daily in the country. The company has various online properties like HindustanTimes.com, Shine.com, LiveMint.com and DesiMartini.com.

Peers

Company Name	CMP
D.B. Corp	182.55
Jagran Prakashan	62.41
HT Media	23.78
Navneet Education	127.50
S Chand And Company	135.00
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