Hindustan Media Ventures Limited — Investor Meet, 18-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

HT Media Group Q2 FY26 Earnings Call: Consolidated revenue grew 4% YoY to INR 499 Cr, with EBITDA up 33% at INR 44 Cr, expanding margins to 9%. Net cash stands healthy at INR 947 Cr. Print ad revenue increased 10% YoY to INR 278 Cr, driving Print EBITDA to nearly double at INR 40 Cr.

Digital (OTTplay) revenue saw 10% growth but operating losses widened to INR 30 Cr, attributed to one-time scale-up costs expected to normalize next quarter. Radio business remains under stress. Management highlighted solid performance, strategic adaptation in Digital and Print, and expects to repeat the performance. Digital subscriber acquisition costs are reducing with strong renewal rates.