Hindustan Media Ventures Ltd. News and Updates

Keep track of all breaking news on Hindustan Media Ventures Ltd. from all sources in a single place.

05 May 2025

88.81

1.15%

Proptech startup Alt DRX raises $2.7 million from investors to expand biz

Business Standard

Alt DRX, a tokenised digital real estate marketplace, has raised USD 2.7 million (around Rs 23 crore) to expand its business. In a statement on Monday, the company said it has "closed its Pre-Series A funding round, raising Rs 23 crore (USD 2.7 million)". The round witnessed participation from investors -- Qatar Development Bank, Times of India Brand Capital, Hindustan Media Ventures, Zee Group, WeFounder Circle Angel Fund, nX Capital -- besides angel investors such as Harsha Bhogle (Golden Voice of Cricket), Parthasarathy (Founder of Mindtree), and Richard Rekhy (former CEO of KPMG India). Alt DRX aims to make residential real estate accessible to people by democratising this asset class by enabling people to buy and sell tokenised residential properties one square feet at a time, powered by algorithmic daily pricing, instant settlements, and blockchain-powered transparency. Anand Narayanan, one of the founders of Alt DRX, said the fund will be utilised for purchase of residential

Hindustan Media Ventures Ltd. is trading above all available SMAs

Hindustan Media Ventures Ltd.

03 Feb 2025

88.81

1.15%

Hindustan Media Ventures Q3 results: Net profit at Rs 18 cr, revenue up 8%

Business Standard

Hindustan Media Ventures Ltd (HMVL) on Monday reported a consolidated profit after tax of Rs 18 crore in the December quarter. The company had posted a loss after tax of Rs 0.82 crore in the October-December period a year ago, according to a regulatory filing by HMVL, the publisher of Hindi daily Hindustan. Its revenue from operations rose 8 per cent to Rs 197.47 crore in the third quarter. It stood at Rs 182.95 crore in the corresponding period a year ago. Total expenses of HMVL were Rs 201.68 crore, down 3.2 per cent in the December quarter. Its revenue from printing & publishing of newspapers & periodicals was Rs 179.72 crore. HMVL's revenue from Digital jumped four-fold to Rs 16.72 crore in the December quarter against Rs 4.18 crore in the corresponding quarter. Total income of HMVL, which includes other income, was Rs 221.39 crore, up 7.2 per cent. Shares of Hindustan Media Ventures Ltd settled at Rs 94.01 apiece, up 12.69 per cent from the previous close.

Hindustan Media Ventures Ltd. is trading above all available SMAs

Hindustan Media Ventures Ltd.

25 Jul 2024

88.81

1.15%

Hindustan Media Ventures Q1 results: Profit tanks over 91% to Rs 0.52 cr

Business Standard

Hindustan Media Ventures Ltd (HMVL) on Thursday reported a 91.82 per cent decline in its profit after tax of Rs 0.52 crore for the first quarter of 2024-25. The company had posted a profit after tax of Rs 6.36 crore in the April-June period a year ago, according to a regulatory filing by HMVL, the publisher of Hindi daily Hindustan. Its revenue from operations was down 3.78 per cent to Rs 162.18 crore in the April-June quarter compared to Rs 168.56 crore in the corresponding period a year ago. Total expenses of HMVL were flat at Rs 188.55 crore in the June quarter. Its revenue from printing & publishing of newspapers & periodicals was at Rs 154.35 crore and Rs 9.03 crore from digital. HMVL's total income was at Rs 189.09 crore, down 5.44 per cent. Shares of Hindustan Media Ventures Ltd were trading at Rs 100.50, down 1.51 per cent from the previous close on BSE.

Hindustan Media Ventures Ltd. is trading above all available SMAs

Hindustan Media Ventures Ltd.

20 Jan 2024

88.81

1.15%

Hindustan Media Ventures Q3 FY24 Results Live: Loss Rises by 20.59% YoY

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Hindustan Media Ventures Q3 FY24 Results Live: Revenue increased by 0.76% YoY & loss increased by 20.59% YoY

Hindustan Media Ventures Ltd. is trading above all available SMAs

Hindustan Media Ventures Ltd.

07 Aug 2023

88.81

1.15%

Skill tech startup, Expertrons receives funding from Hindustan Media Ventures Ltd

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Kunal Shah Backed Expertrons secures strategic growth round from leading job portal Shine.com's parent company Hindustan Times Expertrons also Acqui-hires Foxmula to transform career space