Hindustan Media Ventures Faces Profit Decline Amid Rising Expenses

Hindustan Media Ventures Ltd reported a significant 95% decline in its profit after tax for the third quarter of 2025, primarily attributed to increased expenses. The company's earnings dropped to Rs 89 lakh from Rs 17.99 crore in the same quarter the previous year. Despite higher operational revenues, expenses rose considerably, leading to this downturn.

Hindustan Media Ventures Ltd experienced a substantial dip in its financial performance for the third quarter of 2025, with profit after tax plummeting by 95% to Rs 89 lakh, compared to Rs 17.99 crore in the same quarter last year. The decline is primarily due to increased expenses, as revealed in their latest regulatory filing.

In spite of rising consolidated revenue from operations, which stood at Rs 212.24 crore, up from Rs 197.47 crore in the previous year's corresponding period, the company was unable to offset the heightened expenses totaling Rs 218.96 crore. A major contributor to the increased expenses was Rs 115.67 crore spent on 'fair value movement in respect of financial instruments'.

The company disclosed that its board has given the nod to appoint Sameer Singh as the new Managing Director starting March 1, 2026, pending shareholder approval. In terms of segment-specific revenues, the digital operations saw a marked increase, with revenues growing to Rs 28.96 crore, reflecting a shift towards digital platforms.