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HT Media net trebles at Rs 306.3 million
MUMBAI: HT Media Limited has reported a 33 per cent increase in revenues for the quarter ended 30 June 2006 to Rs. 2.48 billion, compared to Rs 1.86 billion a year ago. This is driven primarily by contributions from the Mumbai operations which was launched in July 2005, the company said in a release.
Enhanced operating efficiencies and robust ad revenue growth resulted in a 113.3 per cent improvement in operating profits (EBITDA) for the quarter which increased to Rs 606.2 million. The operating margin for the quarter improved to 24.5 per cent from 15.3 per cent last year.
Pre-tax profits recorded a substantial increase from Rs 154.2 million last year to Rs 473.6 million in Q1FY2007. Net profit for the quarter under review, when compared with corresponding period last year, more than trebled to Rs 306.3 million from Rs 98.1 million, translating into an EPS (non-annualized) of Rs 6.53.
Commentiing on the performance HT Media vice chairperson and editorial director Shobhana Bhartia said: “Our performance during the quarter has been very encouraging. We are pleased to report that our Mumbai operations are performing in line with plan, enabling us to attract national advertisers and better rates. In addition to being a leader in the English market, we are also one of the country’s largest players in the Hindi segment where we are expanding our footprint. Our operations continue to be fundamentally robust, and we intend to make further investments in new growth initiatives during the current year. Our growth strategy is working as intended and we believe that the outlook for the full year is quite strong.
News Broadcasting
Business Today MindRush returns to Mumbai, spotlight on India’s edge in a fractured world
Policymakers and corporate heavyweights gather to map supply chains, energy security and markets
MUMBAI: As fault lines widen across global trade and geopolitics, Business Today is doubling down on India’s moment. The 14th edition of Business Today MindRush & Best CEOs Awards lands in Mumbai on March 28, pitching India’s strategic edge at the centre of a fragmenting world.
The day-long summit, presented by PwC, will bring together a tight mix of policymakers, industry leaders and market voices to decode shifting supply chains, maritime strategy, defence priorities, energy security and capital markets—sectors now deeply entangled with geopolitics.
M Nagaraju, secretary, department of financial services, ministry of finance, will headline the event, setting the tone for discussions that aim to track how India is repositioning itself amid disrupted trade routes and volatile energy dynamics.
The speaker slate reads like a cross-section of India Inc’s command centre. Krishna Swaminathan will zero in on sea lanes and supply chains, while Prashant Ruia is set to push the case for self-reliance in oil and gas. Ashish Chauhan will weigh in on capital markets at a pivotal juncture, as a panel featuring Vibha Padalkar, Sanjiv Mehta, Amish Mehta and Sanjeev Krishan debates navigating economic uncertainty.
Leadership under pressure will be another running theme. Madhavkrishna Singhania, Sharvil Patel, Karan Bhagat and Anurag Choudhary will unpack how businesses are steering through disruption. Arun Alagappan will turn the spotlight on fertilisers, Arundhati Bhattacharya will reflect on leadership transitions, while Anish Shah and S Vellayan will outline blueprints for building future-ready conglomerates.
The event will close with Aroon Purie setting the broader editorial lens, before the Best CEOs Awards recognise standout corporate leadership across sectors.
At a time when the global order looks increasingly splintered, MindRush 2026 is positioning itself as more than a conference—it is a signal that India intends not just to navigate the churn, but to shape it.
