Hindustan Media Ventures Approves Un-Audited Quarterly Financial Results, Limited Review Concludes No Material Misstatement

<h1>Hindustan Media Ventures Approves Un-Audited Quarterly Financial Results, Limited Review Concludes No Material Misstatement</h1>

Hindustan Media Ventures Limited has announced the approval of its Un-Audited Financial Results (UFRs) for the quarter ended June 30, 2026. The Board of Directors reviewed and approved both the standalone and consolidated UFRs for the period. Furthermore, S.R. Batliboi & Co. LLP, the Statutory Auditor, provided a Limited Review Report on these results.

The company's management is responsible for preparing the Statement in accordance with Indian Accounting Standard 34 (Ind AS 34). The Independent Auditor’s review confirmed that nothing came to their attention suggesting that the results contained material misstatement or failed to disclose required information.

Financial Performance Review (Quarter Ended June 30, 2026)​

The Un-Audited Consolidated Financial Results for the quarter ended June 30, 2026, show a Total Income of 24,406 Lakhs. The Group recorded Total Expenses of 17,496 Lakhs. Profit before share of profit of a joint venture and exceptional items from continuing operations stood at 6,910 Lakhs.

The Standalone UFRs for the quarter also reflected strong performance, with total income reaching 24,405 Lakhs against expenses totaling 17,525 Lakhs. The company reported a Profit before tax from continuing operations of 6,880 Lakhs.

A detailed overview of the financial metrics across different reporting periods is provided in the table below (all figures in INR Lakhs):

Key Financial Highlights and Standalone Performance​

The standalone results mirrored the general financial health of the company during the quarter. Revenue from continuing operations for Hindustan Media Ventures Limited was reported at 19,718 Lakhs. The profit after tax from continuing and discontinued operations stood at 5,087 Lakhs for the quarter ended June 30, 2026.

The Standalone UFR highlights also show key figures related to revenue, income, and expenses:

Auditor’s Review​

The Limited Review Report conducted by S.R. Batliboi & Co. LLP covered the accompanying Statement of Unaudited Consolidated Financial Results for the quarter ended June 30, 2026. The review was performed in accordance with the Standard on Review Engagements (SRE) 2410 and established a moderate assurance regarding whether the Statement is free from material misstatement.

The financial results presented by the Group include those of Hindustan Media Ventures Limited (Holding Company) and its subsidiary, HT Noida (Company) Limited.

Divisional Status​

As per Ind AS 108, the Group has one reportable Operating Segment: 'Printing & Publishing of Newspaper & Periodicals'.

The company's consolidated and standalone financial results for the quarter ended June 30, 2026, were reviewed by the Audit Committee and approved by the Board of Directors.

HMVL Stock Price Movement​

As of 1:09 PM, shares of Hindustan Media Ventures Limited are surging in live trading, gaining a strong 5.70% to trade at ₹100.5. The equity posts brisk momentum, with a volume of 381,074 shares as the stock nears its daily high and maintains significant strength from its opening low of ₹93.1.