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Hindustan Media Ventures standalone net profit declines 59.10% in the March 2019 quarter

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Capital Market

Sales rise 5.32% to Rs 212.97 crore

Net profit of Hindustan Media Ventures declined 59.10% to Rs 16.49 crore in the quarter ended March 2019 as against Rs 40.32 crore during the previous quarter ended March 2018. Sales rose 5.32% to Rs 212.97 crore in the quarter ended March 2019 as against Rs 202.21 crore during the previous quarter ended March 2018.

For the full year,net profit declined 58.01% to Rs 71.90 crore in the year ended March 2019 as against Rs 171.22 crore during the previous year ended March 2018. Sales declined 1.62% to Rs 865.83 crore in the year ended March 2019 as against Rs 880.10 crore during the previous year ended March 2018.

 
ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales212.97202.21 5 865.83880.10 -2 OPM %4.5413.07 -5.8420.57 - PBDT35.4948.99 -28 123.05249.21 -51 PBT30.0844.31 -32 102.29229.55 -55 NP16.4940.32 -59 71.90171.22 -58

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First Published: May 09 2019 | 4:15 PM IST

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