Hindustan Media Ventures Limited

Piyush Gupta

GROUP CFO

Anup Sharma

CFO, HINDUSTAN MEDIA VENTURES LIMITED

Anna Abraham

HEAD, INVESTOR RELATIONS

Pervez Bajan

GROUP CONTROLLER

53%

een, the first quarter results on a total revenue, it's a substantial increase, as you can see, of 53% at INR 432 crore as against INR 281 crore last year. EBITDA came out at a negative INR 18 crore.

INR 432 crore

e first quarter results on a total revenue, it's a substantial increase, as you can see, of 53% at INR 432 crore as against INR 281 crore last year. EBITDA came out at a negative INR 18 crore. As my colleague A

INR 281 crore

a total revenue, it's a substantial increase, as you can see, of 53% at INR 432 crore as against INR 281 crore last year. EBITDA came out at a negative INR 18 crore. As my colleague Anna had highlighted, I t

INR 18 crore

n see, of 53% at INR 432 crore as against INR 281 crore last year. EBITDA came out at a negative INR 18 crore. As my colleague Anna had highlighted, I think the big points there are the input costs, and we w

4%

here are the input costs, and we will be speaking a bit about it. The margin came in at a negative 4%. And PAT as a consequence came to a negative INR 42 crore with a margin of negative 10%. Net ca

INR 42 crore

g a bit about it. The margin came in at a negative 4%. And PAT as a consequence came to a negative INR 42 crore with a margin of negative 10%. Net cash balance, however, remains strong at INR 936 crore, howev

10%

a negative 4%. And PAT as a consequence came to a negative INR 42 crore with a margin of negative 10%. Net cash balance, however, remains strong at INR 936 crore, however, there's a dip versus a yea

INR 936 crore

egative INR 42 crore with a margin of negative 10%. Net cash balance, however, remains strong at INR 936 crore, however, there's a dip versus a year ago. That's primarily because some investments are caught b

INR 240 crore

ear. Coming now to the business unit performance. For our Print business, our ad revenue came at INR 240 crore, circulation revenue at INR 60 crore, which is a 20% increase from same period last year of INR 50

INR 60 crore

performance. For our Print business, our ad revenue came at INR 240 crore, circulation revenue at INR 60 crore, which is a 20% increase from same period last year of INR 50 crore. Consequently, the operating

20%

t business, our ad revenue came at INR 240 crore, circulation revenue at INR 60 crore, which is a 20% increase from same period last year of INR 50 crore. Consequently, the operating revenue of INR 34

INR 50 crore

crore, circulation revenue at INR 60 crore, which is a 20% increase from same period last year of INR 50 crore. Consequently, the operating revenue of INR 348 crore, operating EBITDA came at INR 2 crore with

“As a reminder, all participants will be in a listen only mode.”

“After we are through with the presentation there will be an opportunity to ask questions.”

“We will be taking you through the highlights of the same.”

“This will be subject to risks and uncertainties and so kindly keep this in mind as we go along with the webinar.”

“In the near team, we expect market sentiment and growth to remain a bit subdued, but are hopeful of a resurgence in the mid to long term.”

“This will be followed by detailed remarks on our Print, Radio and Digital businesses.”

“As my colleague Anna had highlighted, I think the big points there are the input costs, and we will be speaking a bit about it.”

“That's primarily because some investments are caught behind working capital, which will be unwound as the newsprint price stabilizes as we go through the year.”

“And we hope to, between a combination of cash generation from the business as well as some amount of extension of that loan, expect to kind of settle that and we do not see a problem.”

“And in the near to medium term in the next 3 to 6 months, how are we seeing them moving forward?”

Piyush Gupta

10

Anna Abraham

7

Moderator

5

Vishal Bagadia

5

Yash R

4

Participant

1

Anna Abraham

As a reminder, all participants will be in a listen only mode. After we are through with the presentation there will be an opportunity to ask questions. I now hand over to Ms. Anna Abraham, Head Investor Relations. Thank you and over to you Anna. Thank you, Aaditya. A very good evening to everyone. On behalf of HT Media Group, I welcome you all to our earnings webinar to discuss the financial results of the first quarter of financial year 2022-23. Joining me on the call today are Mr. Piyush Gupta, Group CFO; Mr. Anup Sharma, CFO of Hindustan Media Ventures Limited; Mr. Pervez Bajan, Group Controller; and members of our Investor Relations team. The financial result of Hindustan Media Ventures Limited was declared yesterday and HT Media Limited released today. We will be taking you through the highlights of the same. Kindly note that our remarks will track with the presentation on the Zoom webinar. This presentation, along with the financial statements are available on stock exchanges an

Piyush Gupta

August 5, 2022 Our Print business saw significant pricing pressure as material prices continued to remain at elevated levels even as a rise in general inflation impacted the overall cost of doing business. Advertising revenue across Print & Radio and circulation revenues remained healthy. In the near team, we expect market sentiment and growth to remain a bit subdued, but are hopeful of a resurgence in the mid to long term. Despite external macro headwinds, we remain committed to our journalism and to serving all our customers and stakeholders." We now move on to the agenda for today, which is on Slide 4. We will begin with the performance update with comments on our consolidated financials for the first quarter. This will be followed by detailed remarks on our Print, Radio and Digital businesses. We will open for Q&A session after the presentation concludes. I would now like to hand over the call to our Group CFO, Mr. Piyush Gupta. Over to you, Piyush. Thank you, Anna. Good afternoon,