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Hindustan Media Ventures reports 15% jump in Q2 net profit

25 Oct 2013 Evaluate

Hindustan Media Ventures has reported results for second quarter ended September 30, 2013.

The company has reported a rise of 14.95% in its net profit at Rs 24.91 crore for the quarter as compared to Rs 21.67 crore for the same quarter in the previous year. Total income from operation of the company has increased by 11.04% at Rs 176.79 crore for quarter under review as compared to Rs 159.21 crore for the quarter ended September 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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