Q3 2025 HT Media Ltd Earnings Call Transcript
Key Points
- HT Media Ltd (BOM:532662) reported a 9% year-over-year increase in revenue and an 11% sequential increase, indicating strong growth momentum.
- The company's EBITDA improved by 64% year-over-year and 42% sequentially, reflecting enhanced operational efficiency.
- The radio business posted a significant 29% growth in top-line revenue, driven by non-FCT business, although margins remain under pressure.
- The digital segment saw a 32% increase in revenue, showcasing the company's successful expansion into digital platforms.
- HT Media Ltd (BOM:532662) maintains a strong cash position with a balance of INR920 crores, providing financial stability and flexibility for future investments.
- Despite improvements, the company reported a negative PAT of INR3 crores, indicating ongoing profitability challenges.
- Print circulation revenue declined by 22% year-over-year and 18% sequentially, highlighting challenges in the traditional print segment.
- The radio business, while growing in revenue, has not yet returned to pre-COVID yield levels, indicating ongoing recovery challenges.
- The digital segment, despite revenue growth, still operates at a loss, with a negative margin of 26%, suggesting the need for further optimization.
- Investments in OTT and digital ventures have increased expenses, impacting the bottom line and delaying profitability improvements.
Good afternoon, ladies and gentlemen. This is Aaditya Mulani from the HT Media Group. I would like to welcome you all to our Quarter 3 Financial Year '24 -'25 Earnings webinar. (Operator Instructions)
I now hand over to Ms. Anna Abraham, CFO, Hindustan Media Ventures Limited and Head Investor Relations at HT Media Group. Thank you, and over to you, Anna.
Thank you, Aaditya. Good afternoon, everyone. Welcome to our earnings webinar where we will be discussing the results for the third quarter of the financial year 2024, '25 of HT Media Group.
On the call today, we have Mr. Piyush Gupta, Group CFO; Mr. Pervez Bajan, Head Financial Controllership and Taxation and members of our Investor Relations team. I trust that you had the opportunity to review the results of Hindustan Media Ventures Limited it was announced yesterday and of HT Media Limited released earlier today.
Please note that our remarks during this webinar will
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
