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)