Hindustan Media Ventures Approves Financial Results and GBP 1.67 Million Investment in Assetvault
Hindustan Media Ventures Limited announced key outcomes of its Board of Directors meeting held on May 28, 2026. At the meeting, the Board approved the audited financial results for the quarter and full financial year ended March 31, 2026, alongside sanctioning an investment of up to GBP 1.67 Million in Assetvault Limited.The Board also determined that no dividend is recommended for the financial year 2025-26.
Financial Results Approved
The Board formally approved the audited financial statements (Standalone and Consolidated) for the financial year ended March 31, 2026, and the corresponding audited financial results for the quarter ended March 31, 2026.Consolidated Financial Highlights
The financial results for the quarter and year to date are presented below (Figures in Lakhs):| Particulars | March 31, 2026 (Audited) | Quarter ended December 31, 2025 (Un-audited) | March 31, 2025 (Audited) | March 31, 2026 (Audited) | March 31, 2025 (Audited) |
|---|---|---|---|---|---|
| Total income | 22,949 | 20,710 | 23,412 | 83,141 | 81,142 |
| Total expenses | 15,638 | 16,913 | 16,419 | 65,245 | 64,048 |
| Profit before tax from continuing operations | 7,196 | 2,278 | 6,993 | 16,262 | 17,094 |
| Profit for the period after tax from continuing operations | 6,188 | 1,908 | 7,182 | 14,108 | 16,499 |
| Total comprehensive income for the period | 3,104 | 259 | 2,708 | 5,308 | 5,524 |
The total assets of the Group stood at 246,578 Lakhs as of March 31, 2026, compared to 228,499 Lakhs the previous year. The total equity and liabilities for the period also stood at 246,578 Lakhs.
Standalone Financial Highlights
The standalone results for the company showed a total income of 22,948 Lakhs for the quarter ended March 31, 2026, and 82,997 Lakhs for the year ended March 31, 2026.| Particulars | March 31, 2026 (Audited) | Quarter ended December 31, 2025 (Un-audited) | March 31, 2025 (Audited) | March 31, 2026 (Audited) | March 31, 2025 (Audited) |
|---|---|---|---|---|---|
| Total income | 22,948 | 20,710 | 23,411 | 82,997 | 81,141 |
| Total expenses | 15,664 | 16,936 | 16,441 | 65,337 | 64,130 |
| Profit for the period after tax from continuing operations | 6,209 | 1,885 | 7,159 | 14,245 | 16,416 |
Investment in Assetvault Limited
The Board of Directors also approved an investment of up to GBP 1.67 Million in Assetvault Limited (AasaanWill), a company incorporated in the United Kingdom, by subscribing to its equity shares.The investment is intended to leverage media assets for capital return in the future.
Details of the proposed investment are structured across two tranches:
- Tranche I: Up to GBP 0.86 Million (equivalent to ~Rs. 11.16 Crore*)
- Tranche II: Up to GBP 0.81 Million (equivalent to ~Rs. 10.50 Crore*)
The total investment of up to GBP 1.67 Million is being made by subscribing to equity shares. AasaanWill operates as a Succession planning brand, offering legally vetted and affordable online will writing solutions and serves Indians globally, including Non-Resident Indians.
The company plans to take requisite approval in compliance with the Overseas Direct Investment governed under the Foreign Exchange Management Act, 1999 and guidelines set by the Reserve Bank of India (RBI). The indicative time period for the completion of the acquisition is August 2026.
(Note: The conversion rate used for these figures was as of May 11, 2026.)
HMVL Stock Price Movement
Hindustan Media Ventures Limited shares slipped by 0.17% on Wednesday, settling at ₹63.67 before the close. The equity traded on a total volume of 9,172 shares throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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