Hindustan Media Ventures Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 1,756.2 million compared to INR 1,633.4 million a year ago. Revenue was INR 1,969.8 million compared to INR 2,028.6 million a year ago. Net loss was INR 283.2 million compared to net income of INR 311.7 million a year ago. Basic loss per share from continuing operations was INR 3.84 compared to basic earnings per share from continuing operations of INR 4.23 a year ago.
For the six months, sales was INR 3,437 million compared to INR 2,722.7 million a year ago. Revenue was INR 3,669.3 million compared to INR 3,324.2 million a year ago. Net loss was INR 494.9 million compared to net income of INR 75.7 million a year ago. Basic loss per share from continuing operations was INR 6.72 compared to basic earnings per share from continuing operations of INR 1.03 a year ago.