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HT Media's Q2 FY26 consolidated revenue rose 4% YoY to INR 499 Cr, with EBITDA up 33% to INR 44 Cr and margins at 9%. Print ad revenue surged 10% YoY, nearly doubling operating EBITDA to INR 40 Cr, fueled by festive demand. Digital (OTTplay) revenue grew 10%, though operating EBITDA was negative INR 30 Cr. Management linked higher digital losses to a timing difference from strong subscriber growth, expecting future reductions. Radio remains challenging (negative INR 4 Cr EBITDA). A standalone INR 37.76 Cr exceptional loss was primarily due to Radio asset impairment. Newsprint prices are currently at a low, with gradual increases expected. Management is focused on strategic adaptation and growth across all segments.