HT Media Swings to Loss in Fiscal Q4; Shares Up 4%

MT Newswires Live

05/29

HT Media (NSE:HTMEDIA, BOM:532662) swung to a consolidated attributable loss of 135.6 million Indian rupees in the fiscal fourth quarter ended March 31 from a profit of 410.2 million rupees a year ago.

Earnings per share came in at 0.59 rupees from earnings per share of 1.76 rupees a year earlier, the media company said in a filing to the Indian stock exchanges on Friday.

Revenue from operations in fiscal Q4 increased to 5.11 billion rupees from 4.94 billion rupees a year ago.

The company's shares were up over 4% in recent trade.

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