Share Price

Hindustan Media Ventures Ltd on Monday reported a 27.32 per cent decline in profit after tax at Rs 10.08 crore in the second quarter ended September 30, 2025 impacted by higher expenses. The company had posted a consolidated Profit After Tax (PAT) of Rs 13.87 crore in the corresponding quarter of the previous fiscal, Hindustan Media Ventures Ltd (HMVL) said in a regulatory filing. Consolidated revenue from operations stood at Rs 196.87 crore as against Rs 171.99 crore in the same period a year ago, it added. Total expenses in the fourth quarter were higher at Rs 213.63 crore as compared to Rs 193.33 crore in the year-ago quarter. Cost of materials consumer was higher at Rs 56.24 crore as against Rs 48.5 crore in the same period last fiscal. In the second quarter revenue from printing and publishing of newspapers and periodicals segment was higher at Rs 175.25 crore as compared to Rs 158.16 crore in the corresponding period a year ago, the filing said. Digital segment revenue was a

• Business Standard
• 7 months 1 week ago

Hindustan Media Ventures Ltd on Monday reported an over four-fold rise in profit after tax at Rs 45.4 crore in the fourth quarter ended March 2025, with its digital business clocking strong revenue growth. The company had posted a consolidated profit after tax of Rs 10.74 crore in the corresponding quarter of preceding fiscal, Hindustan Media Ventures Ltd (HMVL) said in a regulatory filing. Consolidated revenue from operations stood at Rs 201.25 crore as against Rs 188.05 crore in the same period a year ago, it added. Total expenses in the fourth quarter were lower at Rs 208.58 crore as compared to Rs 219.51 crore in the year-ago period. In the latest fourth quarter, revenue from printing and publishing of newspapers and periodicals segment was lower at Rs 180.59 crore as compared to Rs 181.47 crore in the corresponding period a year ago, the filing said. On the other hand, digital segment revenue was higher at Rs 19.64 crore as against Rs 5.84 crore in the same quarter previous .

• Business Standard
• 1 year 1 month ago

Alt DRX, a tokenised digital real estate marketplace, has raised USD 2.7 million (around Rs 23 crore) to expand its business. In a statement on Monday, the company said it has "closed its Pre-Series A funding round, raising Rs 23 crore (USD 2.7 million)". The round witnessed participation from investors -- Qatar Development Bank, Times of India Brand Capital, Hindustan Media Ventures, Zee Group, WeFounder Circle Angel Fund, nX Capital -- besides angel investors such as Harsha Bhogle (Golden Voice of Cricket), Parthasarathy (Founder of Mindtree), and Richard Rekhy (former CEO of KPMG India). Alt DRX aims to make residential real estate accessible to people by democratising this asset class by enabling people to buy and sell tokenised residential properties one square feet at a time, powered by algorithmic daily pricing, instant settlements, and blockchain-powered transparency. Anand Narayanan, one of the founders of Alt DRX, said the fund will be utilised for purchase of residential

• Business Standard
• 1 year 1 month ago