HT Media reports 69% fall in Q3 consolidated net profit
16th Jan 2019

HT Media has reported results for third quarter ended December 31, 2018.

The company has reported a fall of 77.40% in its net profit at Rs 23.99 crore for the quarter under review as compared to Rs 106.14 crore for the same quarter in the previous year. Total income of the company decreased by 9.54% at Rs 396.23 crore for Q3FY19 as compared Rs 438.00 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 68.67% in its net profit at Rs 42.91 crore for the quarter under review as compared to Rs 136.96 crore for the same quarter in the previous year. Total consolidated income of the company decreased by 2.47% at Rs 664.89 crore for Q3FY19 as compared Rs 681.70 crore for the corresponding quarter previous year.