Hindustan Media Ventures Limited has informed the Exchange about Acquisition
HMVL · price
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Hindustan Media Ventures' board, at its May 19, 2025 meeting, approved audited FY25 results showing a strong turnaround. Consolidated revenue from operations rose to Rs. 732.89 crore from Rs. 704.09 crore, while profit after tax jumped to Rs. 77.78 crore from Rs. 9.98 crore. On a standalone basis, PAT improved sharply to Rs. 76.95 crore from Rs. 7.98 crore, with EPS rising to Rs. 10.45 from Rs. 1.08. The board also approved a Rs. 7.71 crore investment in VIR Mobility Private Limited by subscribing to equity shares or compulsorily convertible preference shares. No dividend has been recommended for FY25. Statutory auditors S.R. Batliboi & Co. LLP issued an unmodified opinion on the results.
The sharp earnings recovery and revenue growth are positive for shareholders, reflecting improved performance in both printing/publishing and digital segments. However, the absence of a dividend may disappoint income-focused investors. The small strategic investment in a private mobility company hints at diversification beyond the core media business but is too small to materially move the needle.