HINDUSTAN MEDIA VENTURES LTD = RESULTS FOR = Q1 FY 2012 (JUNE 2011) = GOOD PERFORMANCE

Hindustan Media Ventures Limited

NSE Symbol     HMVL

Hindustan media ventures Limited  has declared its results for the first quarter of FY 2012.

Net Sales at Rs.148.11 cr is higher than QE Mar 11, by 14.5%;   QE Dec10 by 13.74% ;  and QE SEP 10 by 18.94%.

Total Expenditure at Rs.126.59 cr is higher then QE Mar 11 by 9.78%;  QE Dec 10 by 8.19% and QE Sep 10 by 13.43%.

Profit from Operations at Rs.22.50 cr – is higher than QE Mar 11 by 46.77%; QE DEC 10 by 58.01% and QE SEP 10 by 59.46% .

Profit  before tax at Rs.26.49 cr –is higher than QE Mar 11 by 44.83%; QE DEC 10 by 71.68%; and QE SEP 10 by 73.14%.

Net Profit  at Rs.18.62 cr – is higher than QE MAR 11 by  44.45%;  QE DEC 10 BY 59.69%; and QE SEP 10 by 73.53%.

Thus, Hindustan Media Ventures is clocking impressive Growth rates  in all the above quarters.

Basic EPS  for Q1 FY 12 is Rs.2.54 on a Face Value of Rs.10; Rs.1.76 for QE Mar 11; Rs.1.59 fro QE Dec 10; and Rs.1.52 fro Q# Sep 10.

At this rate , the annualized EPS for FY 12 will be Rs.2.54 x 4 = 10.16 or more. At the current MP of Rs.134, the PE Ratio is 13.19.

The company seems to be a good investment for medium to long term investors – looking at its impressive Growth Rates.

ANNOUNCEMENTS TO NSE

16-05-2011        Hindustan Media Ventures Limited has decided the following: (a) Recommendation for approval by members, payment of dividend on equity shares of Rs. 10/- each @ Re 1/- per equity share (10%) for the financial year ended on March 31, 2011. The dividend, if approved by the shareholders will be paid on or after July 18, 2011.

09-05-2011        "Our Company has launched yesterday, i.e. on 8th May 2011, the weekly "Hindustan Jobs" in the state of Uttar Pradesh, Uttarakhand, Bihar and Jharkhand."      

12-04-2011        Hindustan Media Ventures Limited has informed the Exchange vide its letter dated April 12, 2011 that "Our Hindi daily newspaper 'Hindustan' has been re-launched today, i.e., April 12, 2011. Today the brand 'Hindustan' has turned 75. To maintain the growth momentum, and to become more relevant to our youthful readers, we have re-launched 'Hindustan' with the new proposition 'Tarakki Ko Chahiye Naya Nazariya'. From now onwards, 'Hindustan' will strive to provide readers with perspectives in a way that helps them move ahead in life. The supplement portfolio of 'Hindustan' has also undergone a makeover. One notable addition is the introduction of a supplement for women namely 'Anokhi'".

16-12-2010        Hindustan Media Ventures Limited has launched its Hindi daily newspaper, namely, "Hindustan" at Gorakhpur (Uttar Pradesh) and its nearby 7 districts with effect from December 16, 2010.     -

RESULTS TABLE

HINDUSTAN MEDIA	30-Jun-11	31-Mar-11	31-Dec-10	30-Sep-10
Net Sales	14811	12935	13022	12452
Other Operating Income	98	129	103	119
Increase in SIT/WIP	-34	18	24	-8
Raw Materials	6078	5775	5777	5598
Employees Cost	1790	1635	1631	1643
Depreciation	448	466	424	404
Other Expenditure	4377	3637	3845	3523
Total Expenditure	12659	11531	11701	11160
Profit from Operations	2250	1533	1424	1411
Other Income	446	358	155	197
Profit  before tax	2649	1829	1543	1530
Tax expense	787	540	377	457
Net Profit	1862	1289	1166	1073
Face Value (In Rs	10	10	10	10
Paid Up Equity	7339	7339	7339	7339
Basic EPS	2.54	1.76	1.59	1.52
Public holding (%)	22.29	22.29	22.28	22.28

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