Hindustan Media Ventures Limited (NSE:HMVL) disclosed its unaudited consolidated financial results for the quarter ended 30 June 2026 at a board meeting held on 4 August 2026. Consolidated revenue from operations reached INR 19,718 lakhs, up from INR 16,460 lakhs in the year-ago quarter, while profit after tax from continuing operations rose to INR 5,563 lakhs.
Key Highlights
- Consolidated revenue from operations for Q1 FY27 stood at INR 19,718 lakhs, compared with INR 16,460 lakhs in Q1 FY26, reflecting year-on-year growth in the printing and publishing segment.
- Profit after tax from continuing operations for the quarter was INR 5,563 lakhs, against INR 2,607 lakhs in the corresponding quarter of the previous year.
- EBITDA from continuing operations before exceptional items was INR 7,515 lakhs for Q1 FY27, up from INR 3,596 lakhs in Q1 FY26.
- The OTTplay business was treated as a discontinued operation effective 31 March 2026; the loss after tax from discontinued operations for Q1 FY27 was INR 446 lakhs.
About the Company
Hindustan Media Ventures Limited (NSE:HMVL), listed on the National Stock Exchange, is a Patna-headquartered media company incorporated in 1918. It publishes the Hindi-language daily newspaper Hindustan and associated periodicals across multiple states in India. Its subsidiary is HT Noida (Company) Limited, and its single reportable operating segment is printing and publishing of newspapers and periodicals.
Announcement in Detail
The board met on 4 August 2026, from 12:00 PM to 12:40 PM, and approved the unaudited standalone and consolidated financial results for Q1 FY27 under Regulation 33 of SEBI LODR. Statutory auditors S.R. Batliboi and Co. LLP issued an unmodified limited review conclusion on both sets of results.
On a consolidated basis, total income for the quarter was INR 24,406 lakhs, compared with INR 19,132 lakhs in Q1 FY26. Total expenses from continuing operations were INR 17,496 lakhs. Basic and diluted earnings per share from continuing operations stood at INR 7.55, against INR 3.54 in the year-ago period. Paid-up equity share capital remained unchanged at INR 7,367 lakhs, with a face value of INR 10 per share.
Impact on Investors
Investors will note that the disclosed figures show a marked improvement in profit from continuing operations year on year, driven by higher revenue and contained expense growth. The filing shows total tax charge from continuing operations at INR 1,347 lakhs for the quarter.
Shareholders will observe that discontinued operations, specifically the OTTplay business wound down from 31 March 2026, continued to generate a post-tax loss of INR 446 lakhs in Q1 FY27. The disclosed terms indicate that no new OTTplay subscription packs were offered from that date, and the associated losses are presented separately in accordance with Ind AS 105. The overall total comprehensive income for the quarter was INR 5,391 lakhs.
Sector and Market Context
India's print media industry continues to face structural shifts as digital consumption grows, though Hindi-language print publications have historically retained stronger readership in tier-2 and tier-3 markets compared with English-language peers. The Registrar of Newspapers for India tracks circulation data that reflects sustained demand for vernacular print media in states such as Bihar, Uttar Pradesh, and Jharkhand, which form the core distribution geography for Hindustan newspaper. Advertising revenue in regional print has shown cyclical recovery linked to festive seasons and state election cycles, factors that are publicly documented in industry body reports from the Indian Newspaper Society.