HT Media Limited — Others, 20-05-2025: Change in Director(s)

HT Media has announced a board meeting approving the financial results for the quarter and half-year, along with the audited annual statements. The Board appointed Shri Manhar Kapoor as Whole-time Director for three years, pending shareholder approval. Consolidated revenue stood at INR 1805.63 Cr with EBITDA of INR 186.60 Cr and a net profit of INR 14.20 Cr, marking a recovery from last year’s losses. Exceptional impairments totaled INR 62.33 Cr. Standalone revenue was INR 1035.62 Cr, with a net loss of INR 64.68 Cr, mainly due to INR 66.52 Cr impairments. The company is pursuing asset disposals as part of strategic restructuring. Auditors gave clean opinions.