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In a strategic blend of financial resilience and forward-looking investment, Hindustan Media Ventures Ltd (HMVL) has announced its consolidated financial results for the June quarter of FY2025, alongside a significant investment decision that signals its evolving digital ambitions.
The media company, known for publishing the widely read Hindi daily Hindustan, reported a consolidated profit after tax (PAT) of ₹102.4 million, backed by revenue from operations of ₹1.83 billion. The results reflect a steady performance amid a challenging media landscape, where print continues to face pressure from digital disruption.
Financial Highlights: June Quarter FY2025
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Revenue from Operations: ₹1.83 billion
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Consolidated PAT: ₹102.4 million
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EBITDA Margin: Improved marginally due to cost optimization
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Digital Segment Growth: Continued momentum in ad revenue and user engagement
The company’s performance was buoyed by stable advertising revenues and disciplined cost management. While print circulation remained flat, digital platforms such as LiveHindustan.com saw increased traffic and monetization opportunities.
“We are pleased with the quarter’s results, which reflect our commitment to operational efficiency and digital transformation,” said a senior executive at HMVL.
Strategic Investment: ₹200.1 Million in Dukaan
In a bold move to diversify its portfolio and tap into India’s booming digital commerce ecosystem, HMVL’s board has approved an investment of ₹200.1 million in Dukaan, a fast-growing e-commerce enablement platform.
Dukaan, founded in 2020, helps small businesses and entrepreneurs set up online stores with minimal technical expertise. The platform has gained traction among India’s MSMEs, offering tools for inventory management, payments, logistics, and marketing.
HMVL’s investment will be made through a combination of equity shares and convertible instruments, positioning the media company as a strategic stakeholder in the digital retail space.
“This investment aligns with our vision to support scalable digital platforms that empower India’s entrepreneurial base,” the company said in a regulatory filing.
Why Dukaan?
The decision to invest in Dukaan reflects HMVL’s broader strategy to:
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Diversify revenue streams beyond traditional media
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Leverage synergies between content, commerce, and community
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Tap into India’s digital-first consumer base, especially in Tier 2 and Tier 3 cities
Dukaan’s user-friendly interface and mobile-first approach make it a natural fit for HMVL’s audience, which spans across Hindi-speaking regions with high mobile penetration.
Media Landscape: Navigating Change
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HMVL’s performance and investment strategy come at a time when India’s media industry is undergoing rapid transformation:
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Print media continues to face headwinds from rising input costs and shifting consumer habits
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Digital media is growing at a CAGR of over 20%, driven by mobile usage and vernacular content
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Media-tech convergence is creating new monetization models, from subscriptions to commerce integrations
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HMVL has been proactive in adapting to these changes, with investments in digital platforms, data analytics, and content personalization.
Market Reaction and Outlook
Following the announcement, HMVL’s stock saw modest gains, reflecting investor confidence in the company’s strategic direction. Analysts believe the Dukaan investment could unlock new growth avenues and enhance HMVL’s valuation over the medium term.
“HMVL is making the right moves to stay relevant in a digital-first world. The Dukaan deal could be a catalyst for future partnerships and monetization models,” said a report from Moneycontrol.
Looking ahead, the company is expected to continue its dual focus on strengthening core media operations and exploring high-growth digital ventures.
Sources: Moneycontrol, HMVL Investor Relations, Autocar Professional, Finology
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