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Hindustan Media Ventures reports 57% rise in Q1 net profit

19 Jul 2013 Evaluate

Hindustan Media Ventures has reported results for first quarter ended June 30, 2013.

The company has reported 56.67% rise in its net profit at Rs 30.30 crore for the quarter as compared to Rs 19.34 crore for the same quarter in the previous year. Total income from operation of the company has increased by 13.12% at Rs 180.40 crore for quarter under review as compared to Rs 159.48 crore for the quarter ended June 30, 2012.

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.

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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