HT Media reports 7% rise in revenue in FY25

Rs 2,025 crore in FY25 compared to Rs 1,886 crore in FY24

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Hindustan Times (HT) 2 November 2021
Hindustan Times 2 November 2021

The Delhi-headquartered HT Media, which publishes the English daily Hindustan Times, Hindi Hindustan, and business daily Mint, and operates a host of digital properties and radio stations, has announced its consolidated fourth-quarter results for the fiscal year 2025. 

The media house reported overall revenue of Rs 2,025 crore in FY25 compared to Rs 1,886 crore in FY24, which is a 7% Y-o-Y increase. Operating revenue was Rs 1,806 crore in FY25, also a 7% jump from Rs 1,695 crore in FY24. EBDITA in FY25 was Rs 187 crore, a 58% increase over Rs 118 crore in FY24. Profit after tax was recorded at Rs 20 crore, which is a 168% increase over FY24 when the company registered a Rs 30-crore loss.

The print division recorded overall revenue of Rs 1,393 crore in FY25 compared to Rs 1,386 crore in FY24. Ad revenue was Rs 1,067 crore in FY 25, almost same as FY24, when it posted Rs 1,065 crore. Circulation revenue in FY 25 (Rs 236 crore) declined 10% over FY24 (Rs 211 crore).

The English print division recorded ad revenue of Rs 599 crore in FY25 up from Rs 582 crore in FY24. Circulation revenue declined to Rs 56 crore in FY 25 from Rs 66 crore in FY24. 

Similarly, the Hindi print division reported ad revenue of Rs 466 crore in FY25, down from Rs 485 crore in FY24. Circulation revenue also declined to Rs 155 crore in FY 25 from Rs 170 crore in FY 24.

Digital reported a 38% jump in overall revenue in FY25 (Rs 212 crore) over FY24, when it posted Rs 154 crore.

“In the last financial year, the company saw consistent growth in terms of both revenue and profitability in most quarters, indicating a broad-based upswing, especially in the latter half of the year. The improvement can be attributed to conscious efforts aimed at growing the business, incrementally higher pricing, a dip in prices of key commodities and cost rationalization. The annual festive season saw increased spending by consumers, and this, along with elections in some states provided a conducive environment to growth in the second half of the year,” Shobhana Bhartia, chairperson and editorial director, HT Media & Hindustan Media Ventures said in a release.

“In terms of annual consolidated performance, the company’s total revenue as well as profitability saw a marked improvement. Our print business revenue remained stable even as it saw a considerable rise in profitability. Our radio business grew revenues on the back of a focus on on-ground events, although its margins remain under continued pressure. The digital business, led by OTTplay, once again posted strong revenue traction, and saw incremental improvement in margins on account of better cost control. Treating the just-ended financial year as a springboard, your company is looking to keep the momentum going in digital, build on the gains made last year in the Print business, and streamline the Radio business. Your support and trust drive what we do. We’re committed to delivering reliable news and meaningful entertainment that keeps multiple audiences informed and engaged,” she said. 

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