HT Media reported a consolidated net profit of Rs 35.94 crore for the September 2026 quarter, a significant turnaround from the Rs 4.34 crore loss recorded in the same period last year. Revenue rose to Rs 441.59 crore. The results were bolstered by a performance shift in core publishing, though radio broadcast remains in the red. Additionally, the company successfully completed a preferential warrant allotment raising Rs 95.30 crore, providing a capital boost to operations.
HT Media Reports Q2 Consolidated Net Profit of Rs 35.94 Crore
Revenue for the quarter stood at Rs 441.59 crore, up from Rs 430.86 crore last year.
Reader Takeaway: Consolidated profit reflects operational turnaround, though the radio segment continues to face headwinds and losses.
What just happened
HT Media Ltd has posted its financial results for the quarter ended September 30, 2026. The firm achieved a consolidated net profit of Rs 35.94 crore, a major shift from the net loss of Rs 4.34 crore in the September 2025 quarter. Total revenue from operations reached Rs 441.59 crore, indicating steady year-on-year growth.
Why this matters
The return to profitability suggests improved operational efficiency. The publishing segment, which contributed Rs 385.75 crore in revenue, remains the primary engine, while the digital segment turned a modest profit of Rs 0.61 crore. The radio broadcast business, however, reported a loss of Rs 2.10 crore on Rs 24.88 crore of revenue, highlighting ongoing pressure in that specific vertical.
Corporate Developments
The company completed a preferential allotment of 3,87,87,137 warrants on August 20, 2026, at an issue price of Rs 24.57. This exercise raised Rs 95.30 crore, with shares allocated to both promoter and non-promoter entities. Additionally, the company formalized the discontinuation of the OTTplay business, which ceased operations on March 31, 2026.
Context Metrics
For the six months ended September 30, 2026, the company recorded a consolidated net profit of Rs 79.45 crore compared to a loss of Rs 15.71 crore in the first half of the previous fiscal year. The standalone net loss for the quarter was Rs 15.93 crore, showing a reduction compared to the Rs 51.11 crore loss in the same quarter last year.
What to track next
Investors should track the growth trajectory of the digital business and the efforts to bring the radio segment toward profitability. The impact of the recent capital infusion from the warrant allotment on the balance sheet will also be a key monitorable.