Business Standard

Sunday, December 29, 2024 | 05:48 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Hindustan Media Ventures Q1 net up 17% at Rs 48.7 crore

Shares of the company closed 1.53% down at Rs 271.10 apiece on BSE

Image via Shutterstock

<a href="http://www.shutterstock.com/pic-112720069/stock-photo-colorful-graph-and-percent-symbol-isolated-on-white-background-d-rendered.html" target="_blank">Image</a> via Shutterstock

Press Trust of India New Delhi
Hindustan Media Ventures Ltd on Thursday reported a 16.87% rise in standalone net profit at Rs 48.7 crore for the first quarter ended June 30, 2016.

The company had posted a standalone net profit of Rs 41.67 crore in the same period last financial year, Hindustan Media Ventures said in a BSE filing.

Net sales during the period under review stood at Rs 236.13 crore as against Rs 221.73 crore in the corresponding period last year, up 6.49%.

Shares of Hindustan Media Ventures closed 1.53% down at Rs 271.10 apiece on BSE.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 04 2016 | 5:28 PM IST

Explore News