HT Media has reported results for third quarter ended December 31, 2012.
The company has reported 6.27% fall in its net profit at Rs 46.61 crore for the quarter as compared to Rs 49.73 crore for the same quarter in the previous year. Total income from operation of the company has decreased by 1.10% at Rs 358.63 crore for quarter under review as compared to Rs 362.62 crore for the quarter ended December 31, 2011.
The company, on consolidated basis, posted growth of 11.31% in its net profit at Rs 53.61 crore for the quarter as compared to Rs 48.16 crore for the same quarter in the previous year. Total income of the company increased by 4.36% at Rs 547.02 crore for quarter under review as compared to Rs 524.18 crore for the quarter ended December 31, 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.
