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HT Media Ltd has reported a 47.21 per cent jump in consolidated net profit at Rs 57.78 crore for the first quarter ended June 30, 2017.
The company had posted a net profit of Rs 39.25 crore in the April-June quarter of the previous fiscal.
Total income during the quarter under review went down by 1.54 per cent to Rs 652.18 crore from Rs 662.43 crore a year- ago, the company said in a BSE filing.
HT Media’s total expenses in the first quarter of the current fiscal were at Rs 570.52 crore, down 5.62 per cent, against Rs 604.54 crore in the same quarter a year-ago.
Shares of HT Media were trading up 5.05 per cent at Rs 87.30 apiece on the BSE.
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