14th February, 2023 | |
BSE Limited | National Stock Exchange of India Limited |
Phiroze Jeejeebhoy Towers, | Exchange Plaza, C-1, Block G, |
Dalal Street | Bandra-Kurla Complex, Bandra (E) |
Mumbai - 400 001 | Mumbai - 400 051 |
Scrip Code: 532662 | Trading Symbol: HTMEDIA |
Sub: Presentation on the Un-AuditedFinancial Results of the Company for the quarter ended on 31st December, 2022
Dear Sir(s),
Pursuant to Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find the enclosed presentation on the Un-Audited Financial Results of the Company for the quarter ended on 31st December, 2022.
We request you to take the above information on record.
Thanking you,
Yours faithfully,
For HT Media Limited
MANHAR KAPOOR
Digitally signed by MANHAR KAPOOR Date: 2023.02.14 13:31:03 +05'30'
(Manhar Kapoor)
Group General Counsel & Company Secretary
Encl: As above
HT MEDIA GROUP
Q3 FY 2022-23
Consolidated Financial Results
Cautionary Statements
Certain statements in this presentation may be forward-looking statements.
Such forward looking statements are subject to risks and uncertainties like regulatory changes, local political and economic developments, technological risks and many other factors that could cause our actual results to differ materially from those contained in the relevant forward- looking statements.
HT Media Group will not, in any way, be responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
This is a quarterly webcast presentation, combining information for the public listed companies "HT Media Limited" and its subsidiary "Hindustan Media Ventures Limited". Key objective of this presentation is to facilitate a unified platform for quarterly performance discussion pertaining to both the companies. It is neither intended to be an exhaustive review nor to provide any trading, financial, legal advice or outlook.
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Chairperson's Message
"The third quarter of the ongoing fiscal year saw the continuation of the gradual recovery of our media businesses on the back of an improved industry-wide business environment and the annual festive season. However, persistent general inflation acted as a dampener resulting in a relatively muted festive quarter. Raw material costs remained at heightened levels during the quarter but will likely ease off in coming quarters.
Against this backdrop, we continued to improve our business performance on a quarterly basis for the Print and Radio verticals. Overall, the Print segment saw sequential growth in both advertising and circulation revenues, but margins continued to be impacted by high newsprint prices. Radio also saw an improvement on a sequential basis backed by better traction in both the FCT as well as the non-FCT space.
With inflation easing and stabilization of the overall business environment, we are hopeful of capitalizing on the growth in consumer and advertiser spending in the medium-term. We remain committed to delivering credible and trustworthy news and engaging entertainment to our ever-growing audience base."
Mrs. Shobhana Bhartia
Chairperson and Editorial Director
HT Media Ltd. & Hindustan Media Ventures Ltd.
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Table of Contents
PARTICULARS | SLIDE NO. |
Consolidated Performance | 5 |
Business Unit Performance | 7 |
8 | |
Print - English | 10 |
Print - Hindi (HMVL) | 12 |
Radio | 14 |
Digital | 16 |
Annexures | 20 |
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Disclaimer
HT Media Limited published this content on 14 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 February 2023 16:28:06 UTC.