HT Media kicked off Q1FY27 strongly, with consolidated revenue up 15% YoY to ₹497 Cr and Profit After Tax soaring 991% YoY to ₹47 Cr.
EBITDA also jumped 224% YoY to ₹90 Cr, driven by sustained cost discipline.
The Print business remained robust, with revenue growing 16% YoY on strong advertising performance.
Radio saw steady 3% YoY revenue growth.
Digital revenue moderated 28% YoY to ₹27 Cr as the company actively streamlined its portfolio for sustainable, profitable growth.
Management highlighted a focus on strengthening core businesses despite concerns like high newsprint prices and a weaker rupee.
The Board approved a preferential issue to bolster the capital structure, manage debt, and support general business requirements.
The company also rationalized its Radio footprint by surrendering non-viable frequencies.
Net cash stands at ₹922 Cr.
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