Hindustan Media Ventures Limited has informed the Exchange about Transcript
HMVL · price
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Hindustan Media Ventures shared its Q1 FY26 earnings call transcript. Total revenue grew 6% YoY to INR 451 cr, with loss after tax improving 59% YoY to negative INR 11 cr. Net cash remained strong at INR 976 cr. Print ad revenue rose 17% YoY to INR 255 cr, boosted by the absence of election-related spending curbs and strong performance in Education, Real Estate, and BFSI segments. Digital revenues grew 21% YoY to INR 56 cr, with OTTplay up 100% YoY. Radio remained weak at INR 31 cr with a -21% margin. Management is continuing circulation discounts to recruit new readers, particularly in Hindi markets, and expects newsprint prices to stay flat. AFE/warrant investments are yielding wins such as MobiKwik, with more expected over the next 2-3 years.
Positive signals from strong Print ad growth and digital momentum, but persistent losses in Radio and Digital segments and circulation discounting depressing near-term revenue per copy may limit upside. The healthy INR 976 cr cash balance and growing AFE book provide downside support.