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Corporate Office: 5thFloor, Lotus Tower, A- Block,
Community Centre, New Friends Colony,
New Delhi- 110025
Tel.: 011-66561234
E-mail : hmvlinvestor@livehindustan.com
Website: www.hmvl.in
CIN : L21090BR1918PLC000013
05th November, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor,
Dalal Street, Plot No. C-1, Block G,
Mumbai - 400 001 Bandra-Kurla Complex, Bandra (E),
Mumbai - 400 051
Scrip Code: 533217 Trading Symbol: HMVL
Sub: Presentation on the Un-Audited Financial Results of the Company for the quarter ended on 30th
September, 2026
Dear Sir/ Madam,
Pursuant to Regulation 30 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 30th September, 2026.
We request you to take the above information on record.
Thanking you,
Yours faithfully,
For Hindustan Media Ventures Limited
(Nikhil Sethi)
Company Secretary
Encl.: As above
Tel: 0612-2223434, 2223413
HT MEDIA
Q2 FY2026-27
GROUP
Consolidated Results
Cautionary Statements
Certainstatements in this presentationmaybeforward-looking.
Such forward-looking statements are subject to risks and uncertainties like regulatory changes, local political and economic
developments, technological risks, geopolitical macro changes and many other factors that could cause our actual results to differ
materially fromthosecontained in the relevantforward-lookingstatements.
HT Media Group will not, in any way, be responsible for any action taken based on such statements and undertakes no obligation to
publiclyupdate theseforward-lookingstatementsto reflectsubsequenteventsorcircumstances.
This is a quarterly presentation webinar, combining information for the publicly listed companies “HT Media Limited” and its
subsidiary “Hindustan Media Ventures Limited”. The key objective of this presentation is to facilitate a unified platform for
quarterly performance discussion pertainingtoboththese companies. Itisneither intended to be an exhaustive review nor does it
intend to provideany trading, financial orlegaladvice,or any futureoutlook.
HT Media Group | Q2 FY2026-27 Consolidated Results 2
Chairperson’s Message
In the second quarter of the financial year, your Company consolidated the gains made in the first quarter and grew its
consolidated revenueyear-on-yearwith improved profitability, despite the shiftin the festive seasonto the third quarter this year.
Print continued to anchor the Company’s performance, with advertising revenue growing year-on-year across both our English
and Hindi titles. However, higher newsprint costs, compounded by the rupee's depreciation amid global uncertainty, exerted
some pressure onmargins. Thesefactorsremain important considerationsfor the coming quarters.
Our Radio business' revenue declined year-on-year and sequentially following the rationalisation of our station network. This
rationalisationhas strengthenedour profitability and establisheda more sustainableoperating base for the business.
Digital operations recorded a modest sequential improvement in both revenue and profitability, reflecting the continued focus on
a leanerportfolioand quality of earnings, with anemphasis on sustainableand profitable growth.
As we enter the festive quarter, the Company remains focused on strengthening its core businesses and maintaining financial
discipline. Our endeavour remains to stay relevant in a changing media landscape while balancing the interests of our audiences
and shareholders.We thankyou for your continued confidenceand support.
Mrs. Shobhana Bhartia
Chairperson and Editorial Director | HT Media Ltd. & Hindustan Media Ventures Ltd.
HT Media Group | Q2 FY2026-27 Consolidated Results 3
01 Consolidated Financial Summary 5
02 Business Performance
Contents
– Print 6
– Radio 7
– Digital 8
03 Annexures 11
Consolidated Financial Summary
Consolidated · Print · Radio · Digital
INR crore
Q1FY27 Particulars* Q2FY26 Q2FY27 YoY
497 Total Revenue 478 502 +5%
■ Revenuegrewy-o-y,mainlydrivenbyPrint
90 EBITDA¹ 70 88 +26%
18% EBITDA margin (%) 15% 17%
■ Profitmarginsexpandedy-o-y
47 PAT¹ 20 39 +102%
9% PAT margin (%) 4% 8%
■ Cashpositionremainsrobust
922 Net Cash² 947 930 -2%
¹ EBITDA and PAT are before exceptional items and share of JVs
² Balance at the end of the period; Q2FY27 net cash computed as per latest Ind AS 109 amendment, prior periods not restated
*Note: P&L pertains to continuing operations
HT Media Group | Q2 FY2026-27 Consolidated Results 5
Print Performance
Consolidated · Print · Radio · Digital
INR crore
Q1FY27 Particulars* Q2FY26 Q2FY27 YoY
376 Operating Revenue 357 386 +8%
On an annual basis both Print English and
181 Print English 182 192 +5% ■
Hindigrew,drivenbyadvertisement
195 Print Hindi 174 194 +11%
Margins softened as newsprint costs rose
50 Operating EBITDA 38 35 -6% ■
industry-wide
13% Op. EBITDA margin (%) 11% 9%
PRINT ENGLISH PRINT HINDI MATERIAL
+5% +10% +15%
ADVERTISEMENT ADVERTISEMENT COST
YoY growth YoY growth YoY growth
KEY BRANDS
Note: *a) P&L pertains to continuing operations b) Figures may not add up due to rounding-off
HT Media Group | Q2 FY2026-27 Consolidated Results 6
Radio Performance
Consolidated · Print · Radio · Digital
INR crore
Q1FY27 Particulars Q2FY26 Q2FY27 YoY
32 Operating Revenue 32 25 -23%
(3) Operating EBITDA (4) 2 nm
-11% Op. EBITDA margin (%) -12% 9%
■ Revenuedipseenpoststreamliningoftheoverallstationnetwork
■ SegmentbacktopositiveEBITDAforthequarter
KEY BRANDS
Note: ‘nm’ is not meaningful
HT Media Group | Q2 FY2026-27 Consolidated Results 7
Digital Performance
Consolidated · Print · Radio · Digital
INR crore
Q1FY27 Particulars* Q2FY26 Q2FY27 YoY
27 Operating Revenue 40 28 -30%
(3) Operating EBITDA (1) 1 nm
-12% Op. EBITDA margin (%) -3% 3%
■ Whilerevenuedeclined,thesegmentturnedprofitable
■ Trendreflectsthedeliberateresetofdigitalbusinessoperations
KEY BRANDS
Note: *a) P&L pertains to continuing operations b) ‘nm’ is not meaningful
HT Media Group | Q2 FY2026-27 Consolidated Results 8
01 To ask a question, click on “Raise Hand”
02 On your turn, click on “Unmute Myself”
03 Ask your question
Anna Abraham
Aaditya Mulani
HT Media
IR@hindustantimes.com
Group
Investor Relations Anvita Raghuram
htmedia@churchgatepartners.com
Annexures
HT Media Ltd – Consolidated Financials
PROFIT & LOSS INR crore BALANCE SHEET INR crore
Q1FY27 Particulars* Q2FY26 Q2FY27 YoY Particulars 31 Mar’26 30 Sep’26
437 Operating Revenue 431 442 +2% ASSETS
60 Other Income 47 60 +28% Total non-current assets 1,948 1,755
497 Total Revenue 478 502 +5% Total current assets 2,022 2,134
117 Raw Material Expense 108 125 +15% Total assets 3,969 3,889
99 Employee Cost 105 95 -9% EQUITY AND LIABILITIES
192 Other Expenses 195 195 0% Total equity 2,009 2,114
90 EBITDA¹ 70 88 +26% Total non-current liabilities 144 128
18% EBITDA margin (%) 15% 17% Total current liabilities 1,816 1,648
47 PAT¹ 20 39 +102% Total equity and liabilities 3,969 3,889
9% PAT margin (%) 4% 8%
¹ EBITDA and PAT are before exceptional items and share of JVs
Note: a) *P&L pertains to continuing operations b) Prior period figures have been reclassified to conform with the current period, wherever applicable c) Figures may not add up due to rounding-off
HT Media Group | Q2 FY2026-27 Consolidated Results 12
HMVL – Consolidated Financials
PROFIT & LOSS INR crore BALANCE SHEET INR crore
Q1FY27 Particulars* Q2FY26 Q2FY27 YoY Particulars 31 Mar’26 30 Sep’26
197 Operating Revenue 176 197 +12% ASSETS
47 Other Income 27 52 +90% Total non-current assets 1,207 1,092
244 Total Revenue 204 248 +22% Total current assets 1,259 1,384
65 Raw Material Expense 56 67 +19% Total assets 2,466 2,476
35 Employee Cost 34 37 +9% EQUITY AND LIABILITIES
69 Other Expenses 68 70 +3% Total equity 1,587 1,689
75 EBITDA¹ 45 74 +65% Total non-current liabilities 45 45
31% EBITDA margin (%) 22% 30% Total current liabilities 833 742
56 PAT¹ 34 56 +63% Total eq
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