May 2, 2018 / 9:13 AM / 23 days ago

BRIEF-India's HT Media March-Qtr Consol Profit Rises Almost Three-fold

May 2 (Reuters) - HT Media Ltd:

* MARCH QUARTER CONSOL NET PROFIT 750.4 MILLION RUPEES VERSUS PROFIT 255.5 MILLION RUPEES YEAR AGO

* MARCH QUARTER CONSOL REVENUE FROM OPERATIONS 5.61 BILLION RUPEES VERSUS 5.85 BILLION RUPEES YEAR AGO

* SAYS RECOMMENDED DIVIDEND 0.40 RUPEES PER EQUITY SHARE

* SAYS RAJIV VERMA DECIDED TO STEP DOWN AS CHIEF EXECUTIVE OFFICER

* SAYS CO APPROVED AN INVESTMENT UPTO 100 MILLION RUPEES IN EDITORJI TECHNOLGIES PRIVATE LIMITED

* SAYS RECOMMENDED RE-APPOINTMENT OF SHOBHANA BHARTIA AS MD FOR A FURTHER PERIOD OF 5 YEARS

* SAYS RAJIV VERMA WILL CONTINUE IN HIS CURRENT ROLE TILL SUCCESSOR JOINS Source text - bit.ly/2rcLXvs Further company coverage:

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