Hindustan Media Ventures Jumps 14% After Reporting ₹18 Cr Profit in Q3 FY25
Mumbai, India – Shares of Hindustan Media Ventures Limited (HMVL), a subsidiary of the Hindustan Times Group, surged nearly 14.3% on Monday, reaching an intraday high of ₹95.35 on the Bombay Stock Exchange (BSE). The stock closed in the green at ₹94.01, marking a 12.7% gain from its previous closing price of ₹83.42.
The rally came after the company reported an impressive turnaround in its Q3 FY25 financial results, swinging from a net loss of ₹0.82 crore in Q3 FY24 to a net profit of ₹18 crore. This significant recovery has ignited investor confidence, leading to a surge in buying activity.
Financial Performance: A Strong Comeback
Hindustan Media Ventures posted revenue from operations of ₹197.5 crore in Q3 FY25, reflecting a 14.8% quarter-on-quarter (QoQ) growth from ₹172 crore in Q2 FY25 and an 8% year-on-year (YoY) increase from ₹183 crore in Q3 FY24.
The company’s net profit stood at ₹18 crore, a 30.4% QoQ increase from ₹13.8 crore in Q2 FY25, highlighting strong operational efficiency and cost management.
Financial Highlights (Q3 FY25 vs Q3 FY24)
Financial Metric | Q3 FY25 | Q3 FY24 | QoQ Growth (%) | YoY Growth (%) |
---|---|---|---|---|
Revenue from Operations | ₹197.5 Cr | ₹183 Cr | 14.8% | 8% |
Net Profit | ₹18 Cr | ₹(-0.82) Cr | 30.4% | Turnaround |
EPS (Earnings per Share) | TBA | TBA | – | – |
Market Cap | ₹692.6 Cr | – | – | – |
Key Reasons Behind the Surge
The sharp rise in share price can be attributed to multiple factors:
- Strong Financial Performance – The company delivered a remarkable 30.4% QoQ growth in net profit, reflecting efficient cost management and revenue expansion.
- Turnaround from Loss to Profit – Investors are optimistic about HMVL’s ability to convert losses into sustainable profitability, increasing confidence in the stock.
- Strategic Investments – The company announced new investments in multiple businesses, including:
- ₹7.01 crore in Neema Consumer Global Private Limited
- ₹21.02 crore in Atlanture Sports Private Limited
- ₹31.22 crore in Lord’s Mark Industries Limited
- ₹6.01 crore in Cutting Edge Software Private Limited
These investments indicate a long-term growth strategy focused on diversifying revenue streams.
Stock Performance: A Mixed Bag
Despite the latest rally, Hindustan Media Ventures’ stock has had a challenging year:
- 1-Year Performance: -6% returns
- 6-Month Performance: -1% returns
- 1-Month Performance: -0.2% returns
The stock’s negative returns over the past year indicate that it has been under pressure, but the recent profit turnaround could act as a catalyst for renewed investor interest.
Company Overview: A Century-Old Legacy
Hindustan Media Ventures Limited (HMVL) was incorporated in 1918 and is engaged in the business of publishing “Hindustan”, one of India’s leading Hindi daily newspapers. The company has also expanded its digital presence with the launch of its OTT platform, “OTT Play”, diversifying its media offerings.
HMVL went public with an Initial Public Offering (IPO) worth ₹270 crore, getting listed on both BSE and NSE on July 21, 2010.
Conclusion: Should Investors Bet on HMVL?
The latest financial performance suggests that HMVL is on a path to recovery, with strong revenue growth, an impressive profit turnaround, and strategic investments shaping its future. However, past negative returns indicate that investors should approach with cautious optimism.
With the stock now trading higher, long-term investors may see potential upside, while short-term traders could capitalize on the recent momentum. As HMVL continues its growth trajectory, watching upcoming earnings reports and investment impacts will be key.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.