Snippets Column

Hindustan Media Ventures posts Q3 net loss of Rs 0.88 cr

Hindustan Media Ventures Ltd (HMVL) on Wednesday reported a consolidated loss after tax of Rs 0.88 crore for the third quarter ended on December 2023. The company had posted a net loss after tax of Rs 0.69 crore in the October-December period a year ago, according to a regulatory filing by HMVL, the publisher of Hindi daily Hindustan. However, its revenue from operations marginally grew to Rs 182.95 crore in the December quarter. It was Rs 181.57 crore in the corresponding period a year ago. In the December quarter, the total expenses of HMVL were at Rs 208.38 crore, down 1.58 per cent. Shares of Hindustan Media Ventures Ltd settled 2.79 per cent lower at Rs 100.71 apiece.

Naiteek Bhatt

Recent Posts

Renowned Folk Singer Sharda Sinha Passes Away At 72; PM Modi Expresses Condolences

PM Modi expressed sorrow over Sinha’s death. "The passing of Sharda Sinha ji is deeply…

4 hours ago

US Election: India Confident Of Strong US Relations And Quad Continuity, Says Jaishankar

Jaishankar noted that the US-India relationship has flourished under both Democratic and Republican leadership, including…

5 hours ago

Sanskriti Diwas Marks 98th Birth Anniversary Of Kashiraj Dr Vibhuti Narayan Singh

Program coordinator Chakravarti Vijay Navad announced that 11 prominent individuals received the Kashiraj Dr. Vibhuti…

5 hours ago

Mallikarjun Kharge Slams ‘Batenge Toh Katenge’ Slogan During Jharkhand Campaign

Kharge emphasized that the BJP leaders promote divisive rhetoric as part of their agenda. He…

7 hours ago

Police Arrest Two In Fake Marriage Certificate Racket In Name Of Arya Samaj

DCP Nagar Abhishek Bharti revealed that five couples, including Shivani and Shrikant Yadav, recently filed…

7 hours ago

India And Nigeria Strengthen Counter-Terrorism Cooperation In Second Strategic Dialogue

Doval and Ribadu held detailed talks on challenges linked to terrorism and radicalization, including those…

8 hours ago