Hindustan Media Ventures net marginally up at Rs 18.62 crore
The company's net sales for the quarter under review increased 12.11 per cent to Rs 148.11 crore, compared to Rs 132.10 crore in the first quarter of FY11.
By PTI | Updated:
NEW DELHI: Hindustan Media Ventures Ltd ( HMVL) today reported a marginal growth in net profit for the quarter ended June 30, 2011 at Rs 18.62 crore.
In the same quarter last year, the company's net profit stood at Rs 18.31 crore.
The company's net sales for the quarter under review increased 12.11 per cent to Rs 148.11 crore, compared to Rs 132.10 crore in the first quarter of FY11.
HMVL's scrips closed at Rs 134 per share, down 2.90 per cent compared to the previous close on the Bombay Stock Exchange.
The company publishes Hindustan newspaper, Nandan and Kadambini magazines and news website LiveHindustan.com.
In the same quarter last year, the company's net profit stood at Rs 18.31 crore.
The company's net sales for the quarter under review increased 12.11 per cent to Rs 148.11 crore, compared to Rs 132.10 crore in the first quarter of FY11.
HMVL's scrips closed at Rs 134 per share, down 2.90 per cent compared to the previous close on the Bombay Stock Exchange.
The company publishes Hindustan newspaper, Nandan and Kadambini magazines and news website LiveHindustan.com.
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