Shobhana Bhartia , 

According to the latest readership survey, HT Media owns the second-most read newspapers in the English, Hindi, and business-daily segments. That's behind the firm’s continued clout in India, where the print media is still growing, albeit slower than television. The Hindi flagship Hindustan grew its advertising revenues fastest, even though it is not the leader in many markets. But overall, the business was on shaky ground. Last year, the profit margin declined and is down a third from five years ago. Weak sentiment and a slow response in national advertising have shrunk sales of its English dailies, and circulation income remains weak as well. Analysts did not take kindly to the company investing more money in its digital products as the business continued to make losses through last year.