Hindustan Media Ventures Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 1,645.3 million compared to INR 1,756.2 million a year ago. Revenue was INR 1,866.3 million compared to INR 1,969.8 million a year ago. Net loss was INR 63.3 million compared to INR 283.2 million a year ago. Basic loss per share from continuing operations was INR 0.86 compared to INR 3.84 a year ago.
For the six months, sales was INR 3,330.9 million compared to INR 3,437 million a year ago. Revenue was INR 3,866 million compared to INR 3,669.3 million a year ago. Net income was INR 0.3 million compared to net loss of INR 494.9 million a year ago.