Print and digital segments drive growth; improved cost efficiency boosts operating margins.
HT Media Limited reported a steady performance for the quarter ended September 30, 2025 (Q2 FY26), with revenue from operations rising 4% year-on-year to ₹499 crore, compared to ₹479 crore in the same period last year. The company also reduced its consolidated loss to ₹4.3 crore, from ₹6.3 crore in Q2 FY25, reflecting improved operational discipline and cost control.
The print business continued to anchor performance, contributing ₹358 crore to total revenue – a 7.1% YoY increase. Advertising revenue in the segment rose 10% to ₹278 crore from ₹258 crore a year ago, supported by strong festive demand and recovery across key advertiser categories. Operating EBITDA margins in print expanded to 11%, up from 6% in the previous year, signalling improved profitability.
The company’s digital business sustained its growth momentum, posting revenue of ₹60.8 crore, up from ₹55.5 crore in Q2 FY25. The steady increase reflects HT Media’s continued focus on strengthening its digital ecosystem and expanding its audience base.
Meanwhile, the radio and entertainment division faced headwinds, with revenue declining to ₹32.2 crore, compared to ₹35 crore in the corresponding quarter last year, due to continued softness in advertising spends within the category.
Overall, total income stood at ₹499 crore, driven by solid print and digital performance, which helped offset pressure from the radio segment. Sequentially, the company’s losses narrowed from ₹11.3 crore in Q1 FY26, underscoring HT Media’s ongoing efforts toward cost optimisation and operational efficiency.
The results reflect HT Media’s steady transition toward a balanced growth model, leveraging its strong print legacy while accelerating its digital and multimedia capabilities.
