Consolidated total revenue of HT Media stands at Rs 636 cr

HT Media has released the un-audited financial results for the quarter and nine months period ended on 31 December 2019. The results show that consolidated total revenue of the newspaper for Q3 FY20 stood at Rs 636 cr, 5 percent down compared to last year. For print editions of HT Media, circulation revenue is at Rs 69 cr, while operating revenue stands at Rs 495 cr in Q3FY20. There was a decline across both national and local advertising. Print advertising revenue for the newspaper group fornthe financial year stood at Rs 379 cr, a 12 percent drop from last year’s Rs 432 crore. But the overall sequential growth in circulation revenue continued in the quarter.

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