HHT MEDIA LIMITED ome Regd, Offs : Hindustan Times House oS 18-20, Kesturoa Ganani Marg New Delhi - #10004 Tel: 86561224 Fax: 68561270 ww hingvetontimas.com mal: cogortedoptsiindustantmes.com Cin Lazvaspua0ezeLcii78r4 Ref: HTML/CS/02/2017 24-Jan-2017 The Listing Department ‘The National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5" Floor PJ. Tower, Dalal Street Plot No C/1, G Block MUMBAI — 400 001 Bandra-Kurla Complex Bandra (East) MUMBAI - 400 051 Scrip Code: 532662 Trading Symbol: HTMEDIA Dear Sirs, Sub: Un-audited Standalone & Consolidated Financial Results_and Limited Review Report_on_the said UFRs for the quarter_and ‘nine _months_period_ended_on 31 December, 2016 Pursuant to Regulation 33 r/w Schedule Ill of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 we have to inform you that the Board of Directors of the Company at its meeting held today i.e. January 24, 2017 (commenced at 12-00 Neonand concluded at 12-45 4) has, inter-alia, - i. Approved the Un-audited Standalone and Consolidated Financial Results for the quarter and nine months period ended on 31% December, 2016 (enclosed herewith). ii, Taken on record the Limited Review Report of S.R. Batliboi & Co. LLP (Statutory Auditors) on the above UFR(s) (enclosed herewith). Please acknowledge receipt. ‘Thanking you, Yours faithfully, 1A LIMITED. Dines} inancial Officer) (Wholesine Director, Group General Coupfel & Company Secretary)| j i alltT HF Ha Ta "yale +8434 69561600 Fax-491 33 S6s6LeAs Webster worhtmedadn Unaudited Stndslone nani! Ress fr the qertr end ne mont mol Investershindustantimes.com ried Decomber 31,2016, Registered Office Hindustan Times Howe, 2ad foo, 18-20, est Gandhi Marg New Delhi - 110001 nal ‘Statement of V-aualted Stadalane inci! Ress forthe quarter and rine monte (saab cont Envalngs per share data rod December 3, 2056 roe Month Tine Home Ended = Paria ciaasie| soaszoie | —siduamis| —siazzoxe | s1dBa0i5 ne. nuded | Uroudted | raced | Unewuates | Un aud 7 [income trom operations fet seine rr Operators vam sao] a9 Lanse soe ls over opeatng come 38 20 55 008 [rota income trom operations sass 36039 a202 savers 2ayse9 2 fecpenses J csc mater consumes sans 906s 9380 m2 290% fs caus of saccade s 7 7 - ke cranes nent of red goad, wer 1 « a) ‘ a fone ond stk bate | exeyes dew enenee aan 10983 28 25,408 sass - berecaten an amertanton eens 2a 2298 10 7008 5027 Jr Acrtsent na ses promotion 3m 238 +3] saz. 7% frome eens sss 19 98 2,088 23557 loca expenses sense. 7608 a7sso anos 109490 [Prot Los) rom operations Before ator 2 [eo anemone xcept ens > ae77 (2605) seas eos} ane9 7 prema aH are Te Tae om 3” |Proft rom ordinary aces before Finance on ial rr an costs and exceptional ams (348) = 7 baad 4 7 5 pont tom ordinary activites before ance nets, deprecation and amortisation expanse 7902 5939 avs seam 680 [scoptional tems (EBITDA) (S26) 5 Fan one a Tas Ter ei ae Jrone trom ortnary actives after tnance 7 7 Kets wt before exceptional mat) Sah Coos aes 505 Te 7 [eeeattons 9 [Pron rom Ocinary Actes before Tax (748) 3407 as 4025 sos a face oa, =a Ed 3 oy i 1a [hott om ory Aaa Tor | ar aaa com Tee Tae TE [Seaman as Wa Tar BORET 33 [fet Pro forthe pid (5-43) ExT 2306, a ae 7a Tie Compre came fet oF ray 7 oa 3 @ 7 75 [Fetal Comprehensive income 0 1a 2355 Bar 739 * leertoae ha 2 po sae) 4655 65 15 45 4655 TH feng pr are bie BUST TST Ta | VERGE | NOT | TRE | Ra er 2- exe a) oe a oss 395 230 30s te oa 1 a6 108 2a 205 Tara sa (Ser ea HT) TaCRaaTeaD | WERT | HENS | TRAE | aR forks are jarsase a] oss 195 2 30s [ood 13 as 195 22 205 TON?} ‘The above unaudtod nance vsuts fr the quarter and rie moots ended Decener 3, 2016, have been reed bythe Aut Corie ad taken on reco by the tears tec of the conga at tha pe maxing do sy 2, 2017. Me Sry MAO fave once 2 "nted aN” of se eS teen of Ragan 33 ofS (nn Obghane and Diop Racivonat) Reps, 21S ‘he Coney ated nan Acann Stas (INEAS) ce ot, 20:6 (ans dae tog Aor, 2015) and ecarchay, tetrad ets ore {ster aed rn mont ended Deamoe" 3,201 ave bean preporetstacs vith be reccoen ond esemest veel do In te Ine AS 36 “Inert Franca Reporting oreo ude act 13 of be Comones At 203 read wh vacant tes ued arende ae he ter acura aces geresty cepted ind. The ones rei arta quer and ne neste ended Cerner 31, 2015 fave abo ben recast er te recon Sd ‘osweent grees a ann in IndAS 3, Tbe tanston was cared ov om Acouing Sars as pebo nde sion 19 of te Canoes A, 2003 "eed wt Re fhe Compares (Aco) ds, 2054 (ean GAAP ‘he Scheme of Aang us 391-9 fe Companies At 196 been te Company and TD Sas Une TOS) ad the epee res ‘cuts for tarts aa ven oft Meas CntetHarageert Unrate Cony CMMEM Underg) fo ale HTOSL sglng cnc 00 Sp excunge tasty nt) fle: frm des hors of Her 3, 2910 Apt Dee) Cie Scene), was acted by Oe Hoe De ih Coat ters ror nd Aap 22018 an Noveer 1, 2016, a the Hor gh Gut fern ta bbe the cponat dite Nowa 2 2016 a8 eet ‘ed December 19, 206 « Crsequet vat fg ef eugene posed by he Hele igh Coats wae Rega of Coane, HET DSA a Hae ‘en Decaoer 1,206 ad wth ugar of Compr, Aaron Decor 3,216, Skene bce eee fer One 3, 2018 (srg Rous Cece De) Ine of Scene, rane mont ere ess er quran ee mst ened Deen 5, 201685 uaa EAM: 1) MTD us ated 412108 Easy Shree 5) ech othe company. Censaeet upon ater fsa by HSL to Hnduvan Maca vere untae (sry re pany) te Company ron Ro 57.17% cut sre cap of MTDSL andorra, MIDS Pak xs tb te whaly one susan! the cer 1) Te Compr has ech he ty Shares HTDSL fav of 9900 Lal ra exe rchore consratn e E990Lahe oe the Bok veo ‘et Ast La (apa) Sartore fo HTD, eR 10,35 ah 95 Cal Reso Int st. Te Cray hs fone he aplenty ‘Sencar tal uper set 139 of fe Comptes Bt 01, Tod mth Re? & Oper (Mans) Ale, 2004 and eer Genaay Kp Mag Pace ton th Apt Dh Th ot srt Be acnontng as pr opt Tncan Aczurtg Sanes (Ih) proce utr Sion 133 ‘amperes a 208, aa win oer nabs ues Dever 9 The reves ened and exents ncured eie to CM Unerorg beter the Aono Date ad Efectve Date have been vanes © HTD ‘ecotngy, mt area px fr rac vents ened Davee 3,206 ae ower 218 Lane a RS. SOA LA apecy tote of ato, ctor exanss forthe qt nna anh ned December 3, 2016 (a he tm 2 the above es) nes enact et 1505 aks fom NCH Urzeraar «mars a te rrancal npc tore, he ancl resus of quer a ite es edb Oscerber 3,201 ark conan wih oesondg et ot Prous quer an mesg ura Sn nie me of a ee he fone for unui uarany resis af prescrbed Io SEBS Cre CGRI-DIOAD/S/O15 ‘ted November 3, 28 has Den made 10 cml wth reconers ef SEB oredr cla uy, 206 Ina Sa Suc Deen It) oe et plead compa a are race fo cay wi Ind AS concn of it pot fr te quarter and te math end Deca 3, 2015 haw In AS cepts apart ave th resis ep ‘Preous yar apr Ian GAP are gi oe (ts ita Wine months ‘Quarter ended ‘ented_—_| Portestre ‘Decenberst, | Becember 34, [Retro paring GRA ‘an | 790 | hte cone on een reat 2 a Income tom €C6 setae @ o Favour oferty cts @ 09) lo-mmesranent of rere 29] rc) arto matt eregn ectange oes 6) ) bu ison enor coed beet pos recopased a Oe Conprcerse cen 09) on) fer): Target on tn ajc : * et promt as periad AS aa Fava loner conarrerse icone net of) s| ae [Total comprehensive income as por Ind AS ass! 7a39. ‘The Company hs thee repr pert Segrart ane Pig and Poihing of Newspapers ard Parodia ace Redan Etettonant ad Dt 9p 521518 Gyoin ayers nc one fr ese eens as bn Hoe Celie Prac es er 108 OR nye Suck option dts of the Company ote cura ene econ 3), 206 ae 2 fl: 0°" ia espe Sock Opt Scheme = 2005, ho ens were pat, vested e fd 1) TL Enlpee Stk Osan srene- 205 lan A No ators wee grate, Ye, eres of oe an 8 No atone nie ont, ved ed, ower 114897 eps wae feral. ‘Tec expene noes Goren Tox pense and feed Tac Carpe ard ref tax evel rere Ye ‘The CED and CFO cane respec fe above rests terns of Regultn 3 of St (Ustng btn an Dasa Raquerart) Repos 205 tat en cn tio the Boar of Decors For and on baal ofthe Board of Cractore shohana Bharti Ctroerson& ato BinetRegistered Office: Hindustan Times House, 2nd Floor, ‘Tol: 491 11 66561608 mall Investor@hindustantimes.com WT Media Unted ‘cans. 22121012002P1.0117674 20, Kastarba Gandhi Marg, New Dethl- 130004, Indian Fav 1492 11 66561065 ‘Wabste:- wwwchtmediain Statementof Ur audited Congolldated Financia! Reouts for the quarter and nine months anded Decamber 31, 2016. PARTE Al igure in Rs Lakhs except earnings per share data) | No aiaars “Tiras months ended Ninormenths ended HLTEWIG | 20.08.2016 | SLAZAGIS | Seazanie | s1A220s Un-audlted | Un-audited | Un-auetted | Un-auelted | _Un-audted 1 [income from operations a) Net Stesncome rom Operations caus] sors] 67455 18405] 1.85336 ly cxner Operating rome 8 con ex 1850 1657 [rota mcome from operations cases | coazs | xos7| 1a5e78| _ 1,86,083 2 [expenses 2) Cos of materials consumed vss] 7808 sass) 53768 sa703 J Purcase of tockitade 5 : J chonges overtone of shed good wok ln i 7 ‘progress and sacra #8 " a) «sy aoa | Empovee beets expense tae) 35276, Po 29 ») Deprecaion and aration expense 320 3.009) 2408 100 7388 ther expences uss) arr] eer] 758 ssi [otal expense szoss| _soaas| —saase| a73267| 160,742 loot from Operations before ther Income, finance costs and. a mes 7925 2,008 ogo) aan 725 [Otero 586 7800 2ase] 10063 1028 5 ([pfttram eran aces before ance costs nd excepts Sa Ee aoe eet eagle 27483 = +4) [pore from ordinary activities before finance cots, deprecation and : 50 [Gmortisation expenses & exceptional Items (EBITDA) (3+20) fae eeeareer | eevee aneer baaaae @ [France ost 2a 2453 2077 7330 3 [prone fom ordinary activities ater finance costs but before exceptional Herre 10999 zase| 19472) -2aaae 23239 3 _[esceotora ens zi i 9 [Prone trom Ordinary Activites before Tax (7-8) 10,999 nd ee 10 [Tacteperee 3 2200 1s a7 575 11. |ot Pron from Ordinary Activites after Tax (9-10) 30.636 ste 523 | 19677 17504 72 _[Savaortnary Reams (Nek of Tox Bers) zi 13 [Net Proft/ (loss) forthe period (14-12) 20636 sits 3523 | 19,677 17524 Ta_ [Sno of pre (oss) of ee Ventas e75) as Co 039} 15 _[Nar-cotroting Imeres a) 1399 125 3775 3480 INet Profit after taxes, non-controling Interest and share ie fer ceca pneeaee cigar ease] 3,083 sare) 14470 13035, 17 ote comprehensive income (Ne of Non-Corrting Interest) 2a) ) ae 24s) » 16 [Total Comprehensive ncome (36447) 9o12] 3,006 sor] 34225 33,054 19 paidup Equty Share Catal (Face value Re. 2 per shore) 49685 655 ess 55 4955 aT | REC Not Aree or Aeatne Nora} for es 2 eacn) Koy aace 393 as 295 ey 50 Dues 393 13 295 62 se oi [Earings per share (eer etaordnary tens) Tot Armuatsed | Nor Anualsed] Not Arnualsed| Not Annusised) Not Anmlsed lores /-ener) lay ease 393 is 295 sz se brates 293 1s 295 22 50 omNotes ‘The Mhancal results of following ener have been consolidated withthe fharclrsuts af HT Hela Lmed (The Company), erate tetera to 38"he Group" Subsitaries Jolnt Venture (WV) Hingston esta Ventures mites (ast) nda Eeucation Services Private Urea (ISP) Hr Musi and Entertaiment Company Lined (HT Muse) ‘Sports Asia Pe Lite (w.e une, 2016) HF Oita Media HotngsLmted (HT Dita) Frey e-Ventures Led (ety) HT Woble Sotons United (HT ee) HT Overseas Pt. Ld, Singapore (HT Overseas) HT Leaning Cees ined HT Leaalng) HT Education Lied (HT Education) HT Gob Education (HT Gleb, 8 Company lense us 25 of the Companies Ac 1956 FHT Dita Information Private Lied HT Oigal Information) (fom kagen as ED Word Pavate Linked) Topmouls Entertainment Linked (To Moves) Dial Seams Lees (HTOSL). ‘The above unauitedconsoated fnancal resus fo the quarter and re ments ended Decerrber 3, 2016, ave ben evewed by the ‘AUE Committee ana taken on record by Se Boar of Drectors ofthe Company a ther respective meatog: held on Taneary 24, 2017, “The Statutory fuGRors have conte "Linked Review” of tase resuts nfoms of Reguletn 33 of SEBI (Ustng Oblgatios and Discosue Requirements) Regustons, 2018. ‘Te Goup adopted nian Accounting Standards ("d-AS") effective Api 2016 (roniton date being Api 1, 2015) end accordingly, the enc resus or the quarter and nine months ended December 31, 2016 Rave ben prepared ln eccrdance with te recognton fad measurement princes ed down the In-AS 34 "incr Fhancal Reprtng”presrbed under secon 133 o the Companies At, 2013 read withthe elevant res lsued theounéer and the other accounting princes generaly accepted in Ind. Th franc resus forthe quarter and rie months ended December 31,2015 have as Been recast as per the recogniton and measurement pence dwn nIn-AS 4, The arson was cared out rm Accounting Standards as prescibed under section 133 ofthe Companies A, 2013 rd with Rule 7 of the Compories (Accounts) ules, 2014 (Ind GAP). “Tha Scheme oF Arangement u/s 391-304 ofthe Companies Act, 1956 betvean the Company and HTOSL and tha respctve sharaheldrs creo for transfer and vesting ofthe Multimedia Content Manageret Undealng ofthe Company CHNCH Undataking-t to enn FHTDSL, as going concern on sur excange bass, with effect fom csing ners of March 31,2016 Capponted Date) (Scere), was sanctioned by both, the Ho'ble Deh High Court In tes ofthe orders date August 25,2016 & November 24, 2016 and Hote High Court of Judeature at Pata in terms ofthe judgement dated Noverber 24 2016 & order dated December 18,2016 Paral, another Scheme of arrangement y's 391-394 of the Compenles Ac, 1956 between HIAVL and HTDSL and ther respacive shareholders & celts fr transfer and vesting of the Muted Cortent Menagemet Undertaking of te HNL (VSG Undertaking 2) to mn TDS, 9s gong concer on sump exchange Bal, Win elect on dosing hours of Marc 3, 2018 CApponted Date) (Scere ‘Z), was sanctioned bythe Hone Pgh Cour of Dudeature at Pong, n ters ofthe jadgement dated Noverber 24, 2016 and orer dated Decemter 39,2016, consequent upon fing of the udgementordrs) passed by the Hane Deni High Court and Honbe High Court of udeatre at Patna vith te Regszar of Companes, MCT of Deli & Haryana and Regkvarof Compares, Biber respectively, both, Scheme-t and Scheme"? became elective from December 31, 2086 (losing hours) (Etec Date. In tem ofthe Scheme, nancal impact is consered In resus for cuatr and nine months ended 3st Cecerber, 2016 by Company, HL and HTDSL wth ingact on Conaaicated Rests ar cummed bean 2) HTOSL bas ait 114,12, 108 Equty Shares of Rs 10/esch end 85,87,896 Equty Shares of RS 10) each tothe Company and HAV, respectively In deohrge of purchase consideration. Consequnt upon alotment of shares by HTDSL, the Company now helis 57.7% of equty share captal of HTESL whe 42.8286 i held by HM, and accordingly HIDSL has ceased tbe wholy owned subir af the ‘comeny. ©) The Company and HM have recordd the Equity Shares in HTDSL as Invastments nthe books 3 fa value cFRs 9,900 Laks and RS 7,850 Lalit respectively and have recoded excess of purchase carsideraten ever Book vale of net assets Wanted t0 HTOSL on ‘Appointed Oate as Copal Reserves. HTDSL has recorded the excess of purthase consieraton over the book value of et assets taken ‘over tram the Company and HMVL. on appoed dele ab Coody. The Company, HHL and HTDSL have felled the sppieabie ‘counting Standards species unr secton 133 ofthe Companies ct 2013, reed with Rule 7 of Compenies(Acounts) Rules, 2014 ano other Generety Accepted Accounting Pines as onthe Appointed Date. Tis snot smd to the accountng as per applstieInlan ‘ecouning Standards (nd AS) preserbed under Secton 133 of the Comparls At 2013, read with rlevan:nles ved thereurde. Revenue and excenses relatable to MEM Undertaking and MICH Undertaking 2, rom Appolted Date tl Efectve ate, have been trnstered by the Company and HV respectively to HTDSL and recorded by HTOSL ‘The above transactions nave no pact onthe consaated prof before tax forthe quarter and nine months endes December 31,2016. “Te format for urauated quartet resuls a8 presabed in SEBS Crevlar CRVOFDIOMDYIS/2015 dated November 30, 2018 has been odied to campy wah requreents of SEETS car deed Dy 5, 2016, Ind AS and Schedule I (Dison TI) tothe ct appleable ‘ompanies that are request comply with Ind AS. IM?| aX 6 Te Recanilton of Ret prof or te autre and ne months ended December 31, 2015 bebveen Ind AS comet resus ws reported lbve wh esas reported In previous yea 95 per Indan GAAP fs gven below: (Rsin tate) ‘Guavtar “Wine Honths particulars ‘ended ‘ended 31322015 _|_s1.s22015 [Wet profit after Non Contrliing Interest andar Tndlan GAAP 6,88 13,018 cetess: |acuaral oss on employee detned benefit pans recognised In Other Compreensve Income 20) 2 limpactof Far Valuation of ESOP 2 % [rae Von of Securty Depot - 2 Income rom EPCS Scheme 9 2 |ke-messurement of Revenue as) a [Merk to market of derivatve contracts (@6) (ea) [ra Vote of Inecment io Eau Irstmerts “6 2 loners 6 3 Jaccress:Tax impact on Ine achusments a @) [Net profit under Tne AS 3676 Bess ther compehersivetnoame (Wet of Hon Contetng intrest 3 19 [Total Comprchensive Income under Tn AS. Eo Tos During the quater ended June 30, 2016, the Board of Deters and Shareholders of Frefy, HT Digtal end HT Nobile approved a Compost Seheme of Captal Reduction and Arangement (he Scteme) under Sectons 100 to 164 ofthe Camparis Act 1956, along wth Serten 52 of the Camparies Act 2013 and Seclons 391-394 of Companies Act, 1956, among Frey, HT Dial and HT Noble (The ‘Comgaries) ang the repectve sherehaldors and eto, subject to roquste apprvai() and sanction by the Hnble Deh High Cour. ‘The Scher, itera, proves for demergar of HT Camps Undeaiong (Demerges Undertalang) cf Frey and transfer and vesting ‘herea tto the HT Nobte wer. fra dune 30,206 (We Aapotted Date). Perding sanction ef the Scheme by Honble Dahl High Court, the impact of Scheme is not coniered inthe Financial Resuks ofthe ‘Companies and Consodted Financial Results of Group. ‘The un-2udte standsone Nanci sus ofthe Company forthe quarter and nine months ended Decomber 3, 2016 have been fled wth th Stock Exchanges where the Companys shares are lee and are avalable on Comgany’s webate "wwntmedian. The hey ‘Sandalone thane weerntin fore quater ad ine morehs ended Decenibe 3, 2016 areas und (Rs. in taka) "Tires monthe ended ‘ine montis ended Particlars Beane | 30092016 | Sizes | —seiza016 | 31122015 ‘Une audited | —Un- audited | Un: audited | Un- audited |” Un- audited “Total nome ron eperoors 3835 35099 02 10,7 143,599 raf Before Tax 387 1st 565 505 7787, Pett Ate Tox 4007 4306 4320 542 7102 Total Comprehensive income 4000 1292 435 5374 7133 {9 eta of Emsloye Stock Option or the quarter ended December 31, 2016 ae as fotows 2) For Parent Company: under) HTML Employee Stock Option Scheme ~ 2003, No options were granted, vested exces or freed. I) HTM. employe Str Opten Scheme — 2005, Ne ephens were grated, vested, xteised or Toated der Pan 8, however, 114,897 options were frteked/ancaled under Pian 8, ») For Frey: Uncer 1 Employee Stock Option Plan - 2009, No opllons wee granted, vested, or ners; however, 60459 options were forfeked/eancaes. 1p Employee Steck Option Pan ~2013, No options were granted, exercise or Freed; however 23,625 options were vested. © For HL Under the IT Group Companies ~ No options were aratee, vested or orfeRe however, 17,83 optons were exerted Under HF Group Companies - Employee Stack Open Trt Scheme ofthe Holang Company. (© For HT Motia = Under the Employ Stack Otion Plan = 2013, No options were ginte, vested, exer or forked {For TopMowes- Under the Employee Stock Option lan ~2013, Ho options were granted, vested er exrcd or frees 20 Tacexpence indus Curent Tax Expense and Deferred Tax Cherge/(Credt, and nat ex reversal for eaer yeas, 11 The CEO art CFO certeate In respect ofthe above resus in tens of Regulson 33 of SEBE (Using Obtpatons end Dios eqoreens) Repubons, 2015 hes been paced before the Board o Decors.| 12 Statement of segment formation forthe quarter and ne months ended December 3, 2016 eats Les a cE Tia ath tsa | 1 Seomest Rovere | 1) Pty tate ef zge Petes sso] sas] care! sensm| oss fee stout tnearnet 4a | 349 am | uaa sas 0 at aru | a8 san | uae] saa: 6) Pea coe wspenen® ae : 198 : 9 Untootes | ows ex) ae sa | oa amoso] soeu| cease | 202057 | x00 | rr Segre Revowe som] eo eon] gsr] ain | Ne ae income rom Operons casi | oz] eaow | aesere | ans00s 2 Seoment Rea Protoss fore Tx and Fares Cost om ene segment i + meetin won| seo] som] | naar wt) | “S| [ “om re 2 amare ml en mn sie] Sa] ae | at) a | er ses] an] sar] | am Dooreateni Gee soonest wwe| oa] oma] wo] ase rete TED, ioe | tae a Taare aoe theme vse] reso] uno] nm] sae 3 ecmmtownr tne|, to] “tall a aoe Sea] ime] |u| placer ay - prereny wma] saon| ase] a] ao == emt | eae | ao oer] 4 Segment bis 2 rang tng ef enpge 8 Pos sees] sousse| —saness] suas] unas ©) fasomeaest a eenarmen son | aoe, sas | an sa © Oat yss| 630 sm] 238 si Mt crt Mineemet® aan - aa 2 Uoteatns saaos| sur] veo |s2ee65 | r6007 Tota otis gana | aanae | sere] aon | aera ae, 1) oasis resigns hi do ot rex crest tga xprer pr In Aomiing Sat i Cpt Sores * masts enc Mugen HOH) dai of te Comey and N,v en reed a ve HTD pr Gone ad heme moe (eaten oto Rass Doe MYCH Uren aca an eaters ans chile oe etm asec aa) ean at Mis a aveyhnautansescan,honato Cian com Sed gph sey of tens Sh ear. Opsaere ae waite Tre tt BaNg {ep a spre Sgn ie. rat Conert Magara pu ts AS 108 Ope Suet. TM: See bce bes Deny Ca oe ‘Semts tn th ous che Seam fe gare oe Mens cola te sn fon ar. Spent Reem, Res, Mts 9 Usb! 5 ‘veo conta Honoenet ov an Ces sap We vr, ess Sas nts aga es et oe cri be eed Ue Do aoe SSAA BT Anetra Somory36,2007 Ceron sao Decor KYS.R. BATLIBOI & Co. LLP Scere, Seclortosd Chartered Aceountants yuon'i28 068 Rayna a Tei £491 124.464 4000 Limited Review Report Me tietiaes aes Review Report to ‘The Board of Directors HIT Media Limited | | We have reviewed the accompanying statement of unaudited financial results of HT Media Limited (‘the Company’) for the quarter ended December 31, 2016 and nine months ended from April 1, 2016 to December 51, 2016 (the “Statement” attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No, CIRICFD/FAC/62/2016 dated July 5, 2016. ‘This Statement is the responsibility of the Companys management and has been approved by the Board of rectors, Our responsibility is to issue a report on the Statement based on our review. We conducted our review in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity issued by the Institute of Chartered Accountants of India, This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is fee of material misstatement. A review is limited primarily to inquiries ‘of company personnel and analytical procedures applied to financial dala and thus provides less assurance than fn audit, We have nat performed an audit and accordingly, we do not express an auelt opinion, We did not review revenues and assets of Rs.Nil and Rs.20 lacs respectively, included in the accompanying. uuneuited finanoial results in respect of trust not reviewed by us, whose financial information have been reviewed by the other auditor and whose report have been furnished to us. Our conclusion on the unaudited {quarterly financial results, in so far as it relates to the affairs of such trust is based solely on the reports of the other auditor. Biased on our review conducted as above and on consideration of report of other auditor on the unaudited separate quarterly financial result and on the other financial information of the component, nothing has come to four attention that causes us {0 believe that the accompanying Statement, prepared in accordance with recognition and mezsurement principles laid down in the applicable Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013, read with relevant rules issued thereunder and other recognised accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No, CIR/CFD/FACI62/2016 dated July 5, 2016, including the manner in which it is 10 be disclosed, or that it contains any material misstatement, ‘We draw attention to Note 3(b) of the un-audited financial results in respect of the Scheme of Arrangement ws 391-394 of the Companies Act, 1956 between the Company and HT Digital Streams Limited (the Scheme) approved by the Hon'ble High Courts of Delhi and Patna. As per the approved scheme, the Company has followed the applicable Accounting Standards specified under section 133 of the Companies Act, 2013, read Rule 7 of Companies (Accounts) Rules, 2014 and other Generally Accepted Accounting Principles as on the Appointed Date (i.e. March 31, 2016), This is not similar to the accounting as per the currently applicable Indian Accounting Standards (Ind-AS) prescribed under Section 133 of the Companies Act, 2013, read with relevant rules issued thereunder. Our conclusion is not qualified in respect to this matter. For $.R. BATLIBOL & CO. LLP ICAI Firm registration number: 301003E/E300005 gece Armes por Wiles Basu Partner Membership No.:017401 Place: New Delhi Date: January 24, 2017S.R. BATUBOI& Co. LLP Setonae Seta ont Limited Review Report Review Report to ‘The Board of Directors HIT Media Limited We have reviewed the accompanying statement of unaudited consolidated financial results of HT Media Group comprising HT Media Limited (‘the Company") and its subsidiaries und joint ventures (cogether, ‘the Group’), for the quarter ended December 31, 2016 and nine months ended from April 1, 2016 to December 1, 2016 (the “Statement”) attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Ciroular No, CIR/CFD/FACI62/2016 dated !uly 5, 2016. “This Statement is the responsibility of the Company's management and has been approved by the Board of Directors, Our responsibility is to issue a report on the Statement based on our review. ‘We conducted our review in accordance withthe Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor ofthe Entity issued by the Institute of Chartered Accountants of India, This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement, A review is limited Primarily to inquiries of company personnel and analytical procedures applied to financial data and thus Provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. We did not review revenues and assets of Rs.871 lacs and Rs.2,702 lacs respectively, included in the accompanying unaudited consolidated financial results relating to subs ies and Company's share of net loss of Rs. 119 lacs in ease of a joint venture , whose financial information have been reviewed by the other auditors ond whose reports have been furnished to us. Our conclusion on the unaudited quarterly financial relates to such subsidiaries and joint venture is based solely on the reports of the other results, in so far auditors Based on our review conducted as above and on consideration of reports of other auditors on the unaudited separate quarterly financial results and on the other financial information of the componcats, nothing has come to our attention that causes us to believe that the accompanying Statement of unaudited consolidated financial results prepared in accordance with recognition and measurement pri ciples laid down in the with relevant rules issued thereunder and other recognised accounting practices and policies has not disolosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing| i S.R. BATLIBOI& Co. LLP Chartered Accountants Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Cireular No. CIR/CED/FACI62/2016 dated July 5, 2016, including the manner in which itis to be disclosed, or that it contains any material misstatement. ‘We draw attention to Nove 4(b) of the un-audited consolidated financial results in respect of two separate Schemes of Arrangement w/s 391-394 of the Companies Act, 1956 between (]) the Company and HT Digital Streams Limited and (if) Hindustan Media Ventures Limited and HT Digital Streams Limited (the Courts of Delhi and Patna, As per these approved schemes, the Company, Hindustan Media Vertures Limited and HT Digital Streams Limited have followed the applicable Accounting Standards specified under section 133 of the Companies Act, 2013, read with Rule 7 of Companies (Accounts) Rules, 2014 and other Generally Accepted Accounting Principles as on the Appointed Date ( Indian Accounting Standards (Ind-AS) prescribed under Section 133 of the Companies Act, 2013, read with relevant rules issued thereunder. Our conclusion is not qualified in respect to this matter. Schemes) approved by the Hon’ble . March 31, 2016), This is not similar to the accounting as per the currently applicable For $.R. BATLIBOI & CO. LLP ICAL Firm registration number: 301003E/E300005 Chartered Accountants per Tridibes Basu Partner Place: New Delhi Date: January 24, 2017