Hindustan Media Ventures Limited (HMVL) reported an 18% year-on-year rise in revenue from printing and publishing of newspapers and periodicals for the fourth quarter of FY26, driven by growth in its core print business.
Revenue from printing and publishing of the media compnay stood at Rs 212.5 crore in Q4 FY26, compared with Rs 180 crore in the corresponding quarter last year.
Overall revenue from operations rose to Rs 215.5 crore in the March quarter, up from Rs 181.6 crore in Q4 FY25.
For the full fiscal year FY26, revenue from printing and publishing increased 9.2% year-on-year to Rs 729 crore, compared with Rs 667.2 crore in FY25. Total revenue from operations for the fiscal stood at Rs 739.6 crore against Rs 673 crore in the previous year.
Despite higher revenues, profit after tax from continuing operations declined in the fourth quarter to Rs 61 crore from Rs 71.8 crore a year earlier. However, annual profit rose marginally to Rs 204 crore in FY26, compared with Rs 198 crore in FY25.
Separately, the HMVL board approved an investment of up to GBP 1.67 million (around Rs 21.66 crore) in UK-based Assetvault Limited, which operates under the brand name AasaanWill.
The investment will be made through subscription to equity shares in multiple tranches. Under the first tranche, HMVL will acquire up to 7% stake, while the shareholding under the second tranche will be determined at the time of subscription.
Founded in 2016, AasaanWill offers online succession planning and will-writing solutions for Indians globally, including NRIs. The platform provides legally vetted and affordable digital will-writing services aimed at helping families plan inheritance and succession matters.
AasaanWill reported turnover of Rs 0.6 crore in CY25, compared with Rs 0.01 crore each in CY24 and CY23.
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