HT Media Limited, together with its subsidiaries, primarily engages in the publishing business in India. It publishes Hindustan Times, an English daily news paper; Mint, a national business newspaper, as well as HT and Mint supplements; and HT next, a newspaper that covers sports and celebrity news, and global and local news for school-going audience. The company also publishes Hindustan, a Hindi daily newspaper; Hindustan supplements that offer content, including lifestyle, entertainment, classifieds, and property; Hindustan Jobs, an employment weekly; Jaano English, a weekly supplement; Nandan, a children’s magazine; and Kadambini, a monthly Hindi socio-cultural-literary magazine. In addition, it operates Web portals, including HindustanTimescom that offers news on current affairs, business, sports, and entertainment; Livemintcom, which provides business and related news in India and internationally; Shine.com, a job portal for job seekers and employers; Livehindustancom, a Hindi News Web site; DesiMartinicom, a platform to discover and express oneself on movies; and HTCampuscom, an educational portal for students passing out of school and college to help them take the right decision about their higher education, as well as Fever 104 FM, a radio station available in Delhi, Mumbai, Bangalore, and Kolkata. Further, the company offers print, digital, and value-added publishing services for magazines, newspapers, marketing communications, books, directories, and journals to publishing and media establishments; and mobile marketing, events, and advertising solutions. HT Media Limited was founded in 1924 and is based in Gurgaon, India.
HT Media Ltd Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended September 30, 2011
HT Media Ltd. announced unaudited earnings results for the second quarter and six months ended September 30, 2011. For the quarter, the company reported net sales of INR 4,889 million, total revenues increased by 11% to INR 4,931 million, total income of INR 5,135 million, EBIDTA of INR 917 million, profit before tax of INR 609 million, profit after tax of INR 469 million, net income of INR 438 million or earnings per share of INR 1.86 compared to net sales of INR 4,310 million, total revenues of INR 4,455 million, total income of INR 4,516 million, EBIDTA of INR 852 million, profit before tax of INR 586 million, profit after tax of INR 421 million, net income of INR 388 million or earnings per share of INR 1.65 for the same period last year. For the six months, the company reported net sales of INR 9,833 million, total revenues of INR 9,901 million, total income of INR 10,251 million, EBIDTA of INR 1,965 million, profit before tax of INR 1,392 million, profit after tax of INR 1,008 million, net income of INR 953 million or earnings per share of INR 4.06 compared to net sales of INR 8,338 million, total revenues of INR 8,506 million, total income of INR 8,617 million, EBIDTA of INR 1,709 million, profit before tax of INR 1,185 million, profit after tax of INR 822 million, net income of INR 802 million or earnings per share of INR 3.41 for the same period last year.