Outcome of Board Meeting held on 28th May, 2026 is enclosed
HMVL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hindustan Media Ventures Ltd reported FY2026 results with standalone revenue from continuing operations growing 9.9% to Rs. 73,964 Lakhs from Rs. 67,310 Lakhs in FY2025. However, standalone PAT from continuing operations declined 13.2% to Rs. 14,245 Lakhs from Rs. 16,416 Lakhs. The company discontinued its OTTplay business effective March 31, 2026, resulting in a loss of Rs. 9,239 Lakhs (after tax) from discontinued operations. The Board approved an investment of up to GBP 1.67 Million (~Rs. 21.66 Crore) in Assetvault Limited (AasaanWill) and did not recommend any dividend for FY2025-26. Statutory impact of new Labour Codes resulted in an exceptional loss of Rs. 1,519 Lakhs. The statutory auditors issued an unmodified opinion on both standalone and consolidated financial statements.
The 10% revenue growth demonstrates resilience in the core printing and publishing business, but the PAT decline and significant losses from the discontinued OTTplay business may create near-term pressure on stock performance. The new investment in Assetvault signals diversification intent but is relatively small at ~Rs. 21.66 Crore.