HT Media reports results for quarter and year ended March 31, 2013
The company has reported net loss of Rs 92.97 crore for Q4FY13 as compared to net profit of Rs 21.65 crore in Q4FY12. Its total income however, increased by 7.61% at Rs 341.37 crore in the quarter under review from Rs 317.22 crore in the corresponding quarter of the previous year.
For the full year ended March 31, 2013, the company’s net profit declined by 84.88% at Rs 24.15 crore as against Rs 159.82 crore in the FY 12. Its total income 1.97% at Rs 1345.09 crore from the quarter under review as compared to Rs 1319.14 crore in corresponding quarter of the previous year.
The company’s board of directors has recommended a dividend of Rs 0.40 per share for the financial year ended on March 31, 2013.
