Hindustan Media Ventures Limited — Board Meeting, 04-08-2025: Outcome of Board Meeting
04-08-2025 | 01:21 pm
04-08-2025 | 01:21 pm
Hindustan Media Ventures has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. Consolidated revenue from operations stood at ₹18.30 crore, with a net profit after tax of ₹1.02 crore. EPS for the quarter was ₹1.39.
A key strategic move involves investing up to ₹20.01 crore in A&A Dukaan Financial Services Private Limited (BankBazaar). This investment in the fintech space aims for future capital returns and to leverage the company's media assets. BankBazaar, a credit tracker platform, reported FY24 turnover of ₹186.8 crore. This deal is expected to close by September 2025. #HMVL #Results #Fintech
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