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

Harmanpreet, Deepti Shine As India Beat Zimbabwe By 121 Runs To Clinch ODI Series

Harmanpreet Kaur and Deepti Sharma scored centuries before Vaishnavi Sharma claimed four wickets as India…

4 mins ago

SC/ST Act Requires Specific Allegation Of Caste-Based Insult, Rules Allahabad High Court

The Allahabad High Court has ruled that an SC/ST Act case requires a specific allegation…

13 mins ago

EAM Jaishankar Condemns State-Sponsored Terrorism, Urges Global Unity Against Threats

External Affairs Minister S Jaishankar has called terrorism an unacceptable instrument of statecraft, urging global…

18 mins ago

PM Modi Calls For Equitable Growth, Financial Access At RBI Facility Launch In Odisha

Prime Minister Narendra Modi inaugurated the RBI's Data Centre and Cybersecurity Training Institute in Bhubaneswar.

1 hour ago

PM Modi Inaugurates Rs 150 Crore Textile Plant In Varanasi, Women Employees Overjoyed

Prime Minister Narendra Modi inaugurated Arvind Limited’s Rs 150 crore garment manufacturing plant in Varanasi.

1 hour ago

Jaanta Raja Draws Record Crowds In Ghaziabad As Telangana Governor Shiv Pratap Shukla Inspires Youth

The fourth day of Jaanta Raja in Ghaziabad witnessed record attendance, with Telangana Governor Shiv…

2 hours ago