HT Media Q4 PAT seen down 17% at Rs 40.1 cr

HT Media is expected to report a fall of 17% quarter-on-quarter and 24% year-on-year in its profit after tax at Rs 40.1 crore for the fourth quarter of FY12, according to CNBC-TV18 poll.

Revenues are seen going down by 3% to Rs 512 crore from Rs 527 crore quarter-on-quarter while a growth of 9% YoY in revenues.

EBITDA is likely to fall 6% QoQ and 17% YoY to Rs 73 crore in the quarter ended March 2012.

Operating profit margin is expected to be at 14.2% in the January-March quarter of 2012 as against 14.7% in the previous quarter and 18.6% in a year ago period.

Highlights

- Advertisement revenues growth of 5% to 10% led by Hindi business and English is expected to be under pressure

- Circulation revenue to increase YoY but remain flat QoQ

- Margin decline expected along with operational pressure pulling down bottomline