HT Media Limited has informed the Exchange regarding outcome of Board meeting held on 20th May, 2025
HTMEDIA · price
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HT Media Limited's Board, at its May 20, 2025 meeting, approved audited consolidated and standalone financial results for Q4 and FY ended March 31, 2025. Consolidated revenue from operations grew about 6.5% YoY to INR 1,80,563 lakhs (FY24: INR 1,69,472 lakhs, restated). The company swung back to a consolidated profit after tax of INR 1,420 lakhs versus a restated loss of INR 9,138 lakhs in FY24. EBITDA expanded sharply to INR 18,660 lakhs from INR 11,831 lakhs, with operating margin improving to -1.81% from -4.29%. However, standalone results still showed a loss of INR 6,468 lakhs, though narrower than the prior year's INR 10,772 lakhs loss. Auditors S.R. Batliboi & Co. LLP issued an unmodified opinion. FY24 comparative figures were restated following the NCLT-sanctioned merger of HT Mobile Solutions Limited with HT Media. The Board also appointed Shri Manhar Kapoor as Whole-time Director for 3 years.
A consolidated turnaround from loss to profit, combined with a sharp improvement in EBITDA and operating margin, is a positive signal for shareholders. However, the standalone entity remains loss-making, and prior-year numbers have been restated due to the merger, so year-on-year comparisons should be read with that adjustment in mind.