Hindustan Media Ventures reported a profit of ₹51.17 crore for the quarter ending June 30, 2026. The company is discontinuing its OTTplay business, which incurred a pre-tax loss of ₹5.55 crore in the quarter.
Hindustan Media Ventures Reports Q1 FY27 Results, Exits OTTplay Business
Profit of ₹51.17 crore; Revenue at ₹197.18 crore.
Reader Takeaway: Core business drives profit amid OTT exit.
What just happened
Hindustan Media Ventures Ltd. announced its financial results for the quarter ending June 30, 2026. The company reported a total profit of ₹51.17 crore. Revenue from operations stood at ₹197.18 crore, with EBITDA from continuing operations at ₹75.15 crore.
Why this matters
The results reflect the company's financial performance as it strategically exits the OTTplay business. This move aims to streamline operations and focus on the core 'Printing & Publishing of Newspaper & Periodicals' segment. Investors will be looking for improved profitability as the company sheds loss-making ventures.
The backstory
Hindustan Media Ventures has been operating with a primary focus on its newspaper and periodical publishing business. The decision to discontinue the OTTplay digital vertical signifies a shift in strategy, aiming to consolidate resources and efforts on its established and profitable core operations.
What changes now
The company will no longer include the OTTplay business in its future financial reporting. The focus will be on optimizing the 'Printing & Publishing' segment. The pre-tax loss of ₹5.55 crore from the discontinued OTTplay operations in the current quarter highlights the financial benefit of this exit.
Risks to watch
While the core business shows strength, the successful execution of the OTTplay exit and its impact on future cash flows need monitoring. Any unforeseen costs associated with the discontinuation process could affect the company's financial health.
Peer comparison
While specific peer performance data isn't available in the filing, the company's strategic focus on its core printing and publishing segment positions it within a traditional media landscape. Competitors in this space include other print media companies operating in India.
Context metrics (time-bound)
For the quarter ended June 30, 2026:
- Revenue from Operations: ₹197.18 crore
- EBITDA (Continuing Operations): ₹75.15 crore
- Total Profit (Continuing and Discontinued): ₹51.17 crore
- Pre-tax Loss from Discontinued Operations (OTTplay): ₹5.55 crore
What to track next
Investors should closely watch the finalization of the OTTplay business exit and any subsequent financial implications. Performance of the core 'Printing & Publishing' segment in upcoming quarters will be crucial for assessing the company's growth trajectory.
