MAM

Hindustan Media YoY PAT up 28% on higher ad revenue

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/mam-images/2016/01/25/tv%20news%20financial.jpg?itok=IxxHhp7o

BNEGALURU: A 19 per cent YoY and a 7.8 per cent QoQ increase in advertising revenue ramped up Hindustan Media Ventures Limited (HMVL) total revenue by 28.2 per cent during the quarter ended 30 December, 2015 (Q3-2016, current quarter). The publisher that publishes Hindi newspaper Hindustan, Hindi socio cultural magazineKadambini and children’s Hindi magazine Nandan among others, reported ad revenue of Rs 181.2 crore in Q3-2016 as compared to the Rs 152.2 crore in Q3-2015 and Rs 168.2 crore  in Q2-2016.

HMVL total revenue in the current quarter increased to Rs 251.6 crore, 12.8 per cent more YoY than the Rs 223 crore and 2.3 per cent more QoQ than Rs 245.9 crore. The company’s PAT in the current quarter increased 28.2 per cent (18.6 per cent margin) YoY to Rs 46.9 crore (16.4 per cent margin) as compared to Rs 36.6 crore and was 4.1 per cent more QoQ than Rs 45 crore (18.3 per cent margin).

Note: 100,00,000 = 100 lakh = 10 million = 1 crore

Circulation revenue in Q3-2016 increased 6.3 per cent YOY to Rs 54.2 crore as compared to Rs 51 crore and increased 1.5 per cent as compared to Rs 53.4 crore.

HMVL EBIDTA in the current quarter increased 26.8 per cent YoY to Rs 71.2 crore (28.3 per cent margin) as compared to Rs 56.2 crore (25.2 per cent margin) and was almost flat (0.2 per cent higher QoQ) as compared to Rs 71.1 crore (28.9 per cent margin).

Total Expenditure in the current quarter increased eight per cent to Rs 180.3 crore as compared to the Rs 166.8 crore in Q3-2015 and was almost flat QoQ as compared to Rs 180.2 crore.

Cost of raw materials consumed increased 3.4 per cent YoY to Rs 89.6 crore as compared to Rs 86.7 crore and was 4.5 per cent more QoQ than  Rs 85.75.

Employee Benefit Expense (EBE) increased 25.3 per cent YOY to Rs 31.2 crore as compared to Rs 24.9 crore and was 4.3 per cent higher than the Rs Rs 29.88 crore in Q2-2016.

Company speak

HMVL chairperson Shobana Bhartia said, “We are pleased to report another quarter where our revenue growth was faster than the industry’s. Growth was powered by a good festive season that fuelled advertising spends across most sectors, state elections in Bihar as well as our internal initiatives. Benign raw material prices and operational efficiencies contributed to higher profitability. We continue to build on the momentum of the previous quarters, strengthening our presence in Uttar Pradesh and Uttarakhand while retaining our dominant market position in Bihar and Jharkhand. We are confident that the steps we are taking to move to the next level of growth will continue to deliver value to our shareholders.”

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/05/30/xavier.jpg?itok=VOyEAhQv
Xavier PRabhu, PRHUB’s founder is the next President of APAC region for IPREX; will be part of the global board & executive committee in the new role

IPREX, a US$420 million network of communication agencies with 1,600 staff and 110 offices worldwide working across a spectrum of industries and practice disciplines and the third-largest global network of independent PR firms, today announced its new global leadership team. Xavier PRabhu, Founder...

MAM Marketing MAM
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/05/30/vinay.jpg?itok=U8FTvGEo
Grafdoer recommences production with a brand-new line of Hygienic Touch-less Products

New Delhi : To curb the spread of novel Coronavirus, companies across various sectors are diversifying their inventories with new and innovative products to meet the growing need of consumers. Kitchen and Sanitary-ware brand Grafdoer announced the commencement of its production of new touch-less...

MAM Marketing MAM
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/05/30/chat..jpg?itok=B1STbXpl
Not the right time for brands to go dark; they must continue communication

Brands cannot go dark in these troubled times, says ITW Consulting managing director Bhairav Shanth during a virtual fireside chat with Indiantelevision.com founder, CEO and editor-in-chief Anil Wanvari. According to him.

MAM Marketing MAM
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/05/30/Rohit%20Sharma.jpg?itok=2cnacI35
IIFL Finance signs Rohit Sharma as first-ever brand ambassador

MUMBAI: IIFL Finance, one of India’s leading non-banking finance companies, with over Rs 36,000 crore of assets under management, has signed up Indian cricketer Rohit Sharma as its first-ever brand ambassador. IIFL Finance endeavours to stand out for talking straight and being honest with its...

MAM Marketing MAM
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/05/29/metro.jpg?itok=hIQOB81n
Metro Shoes provides relief to workers by donating footwear

Migrant labourers are struggling to reach their hometown amidst the pandemic that has brought the country and its economy to a halt. Many of them have chosen to walk towards their homes. The long miles, blistering heat and inadequate food and water have made their struggle to reach home a lot...

MAM Marketing MAM
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/05/29/hrtech.jpg?itok=CjQs-ywf
HR-Tech startup, iXceed forays into Digital Marketing Services

After making a mark in the HR domain, iXceed – HR-Tech the start-up now expands its portfolio services by offering digital marketing in tandem with the clients’ demands. Marketers—as advocates for consumers in every business—have a critical role to play. Digital Marketing is a major driver for most...

MAM Marketing MAM
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/05/29/dollar.jpg?itok=WewYbHTe
Dollar has Akshay Kumar unveil new brand identity on webinar

BENGALURU: In probably what will be the ‘new normal’ as far as product and brand launches are concerned, Indian apparel brand Dollar Industries Ltd (Dollar) unveiled a new brand identity through a webinar. The new brand identity has the word Dollar with and added subscript – ‘Wear the change’ - #...

MAM Marketing MAM
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/05/29/edutainment.jpg?itok=yheOXizi
8th Edition of The Edutainment Show Goes Virtual Amidst Lockdown

India’s leading Event IP Company, Event Capital initiative The Edutainment Show has announced its 8th edition online. Edutainment Show Live a media and design education exhibition is set to be held from the 11th June -20th June. The show is a platform to connect young budding and aspiring students...

MAM Marketing MAM
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/05/29/neo.jpg?itok=0t0JfoV8
NEO TECH® is set to launch PPE kits and protective gear for frontline warriors with partner brands - Donear, Grado by GBTL & OCM

Mumbai: With the Covid-19 pandemic making its presence felt globally, the frontline workers are diligently performing their duties towards the society. Being synonymous with product innovation since their inception and with the vision of contributing to the society, the Donear Group - Donear, GRADO...

MAM Marketing MAM

Sign up for our Newsletter

subscribe for latest stories

* indicates required