HT Media Financial Results Q2, FY 09-10 (Un-audited)

HT Media Limited announced its financial results for the second quarter and half year ended 30 September 2009. The highlights of the firm’s operational and financial performance are:

#  Positive reader response received for the redesigned ‘Hindustan Times’.

#  Revenues from ‘Hindustan’ grew by 23% with EBITDA margin of 20%; expansion continues with commissioning of new printing facilities at Bareilly.

# ‘Mint’ gains traction, leading to strong growth in revenues; grabs 2 gold awards at WAN–IFRA’s 8th Asia Media Awards.

# Radio stabilizes as one of top 3 radio stations in Delhi & Bengaluru; becomes official and exclusive radio partner for GMR Sports-Delhi Daredevils in the Champions T20 League.

# ‘Shine.com’ recruitment portal registration crosses 3 million candidates.