HT Media group reports strong Q2 FY26 earnings growth

HT Media Limited announced robust financial results for Q2 FY26, with consolidated total revenue climbing 4% year-over-year to INR 499 cr. The company's EBITDA saw a significant 33% improvement, reaching INR 44 cr, leading to an expanded EBITDA margin of 9%. On a sequential basis, revenue grew 11% from INR 451 cr in the previous quarter, maintaining a healthy net cash position of INR 947 cr.

The Print business demonstrated strong performance, with advertising revenues up 10% year-over-year to INR 278 cr and total operating revenue growing approximately 7%. Operating EBITDA for Print nearly doubled to INR 40 cr, with margins expanding by 500 basis points. English print revenues grew 8% to INR 154 cr year-over-year, while Hindi print business saw a 13% growth year-over-year and 7% on a quarterly basis.

The Digital business (mainly OTTplay) experienced a 10% growth in operating revenue, though operating EBITDA was negative INR 30 cr, showing an 8% sequential growth. The Radio business saw a sequential improvement in revenue and segment profitability, with revenues at INR 32 cr, despite operating EBITDA being negative INR 4 cr. An exceptional item loss of INR 37.76 cr was recorded, primarily due to impairment in the Radio business investments.