Hindustan Media Ventures Limited — Investor Meet, 12-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

HMVL posted Q1 FY26 total revenue of INR 451 Cr, up 6% YoY, with PAT at negative INR 11 Cr (59% YoY improvement). Net cash is INR 976 Cr. Print ad revenue surged 17% YoY to INR 255 Cr, driven by sectors like Education and normalized government spending. Circulation revenue dipped due to strategic discounts for new reader acquisition, not declining copies. Digital revenue rose 21% YoY to INR 56 Cr, with OTTplay growing 100%. Radio revenues were INR 31 Cr, under pressure from a high base. Newsprint prices remain flat. Management is accelerating Digital growth, deepening Print's impact, and reimagining Radio, signaling confidence in future ventures.