Hindustan Media Ventures Q3 profit down 12% to Rs 31 cr, revenue from operations up

Hindustan Media Ventures Q3 profit down 12% to Rs 31 cr, revenue from operations up

AgenciesUpdated: Thursday, January 27, 2022, 08:19 PM IST
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Hindustan Media Ventures Ltd said that company's revenue from operations was higher at Rs 199.72 crore during the quarter. |

Hindustan Media Ventures Ltd posted 11.50 per cent decline in consolidated net profit at Rs 31.14 crore for the third quarter ended December 31, 2021.

The company had posted a net profit of Rs 35.19 crore for October-December period a year ago, HMVL said.

The company's revenue from operations was higher at Rs 199.72 crore during the period as against Rs 162.59 crore in the same quarter a year ago, the company said.

Total expenses were at Rs 182.69 crore as against Rs 153.53 crore.

(With inputs from PTI)

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