HT Media FY 2009-10 Q1 Results

HT Media Limited today announced its financial results for the first quarter ended 30 June, 2009. The highlights of the firm’s operational and financial performance are:
o Hindustan Times relaunched in July 2009 with innovative editorial content, design and layout; enhancing the newspaper’s appeal among the youth.
o ‘State of the art’ printing facility at Mumbai commissioned, strengthening presence in that region.
o Mint launched in Kolkata and Chennai, completing its national presence.
o Fever continues to maintain momentum, has stabilized itself among top 3 stations across the key markets of Mumbai, Delhi & Bengaluru.
o ‘Shine.com’, recruitment portal registration crosses 2.5 million candidates.
o Robust growth in Hindustan and cost optimization initiatives continue to drive Company’s profitability.