Hindustan Media Ventures Q3 PAT Plunges 95% to Rs 89 Lakh Amid Rising Expenses

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News18•27-01-2026, 14:15
Hindustan Media Ventures Q3 PAT Plunges 95% to Rs 89 Lakh Amid Rising Expenses
- •Hindustan Media Ventures Ltd (HMVL) reported a 95% dip in Profit After Tax (PAT) to Rs 89 lakh for Q3 ended December 31, 2025.
- •The company's PAT was Rs 17.99 crore in the corresponding quarter of the previous fiscal year.
- •Consolidated revenue from operations increased to Rs 212.24 crore from Rs 197.47 crore year-on-year.
- •Total expenses rose to Rs 218.96 crore, up from Rs 201.68 crore in the year-ago quarter, primarily due to higher expenses on financial instruments.
- •Sameer Singh has been appointed as Managing Director for five years, effective March 1, 2026, pending shareholder approval.
Why It Matters: HMVL's Q3 PAT significantly dropped by 95% due to increased expenses, despite a rise in revenue.
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