HT Media consolidated revenue up 53 percent

HT Media’s total revenue for the quarter ended June 30, 2022 has increased 53 percent to Rs 432 cr against Rs 281 cr in the same quarter last year. The company’s operating loss narrowed by 59 percent to Rs 18 cr from Rs 43 cr. Net loss came down by 45 percent to Rs 42 cr compared to Rs 76 cr. The ad revenue from the print media segment rose 82 percent to Rs 240 cr led by an uptick in volume and improvement in yields. Circulation revenue from the segment was up 20 percent to Rs 60 cr due to an increase in print orders and realisation per copy for both English & Hindi editions.