India's HT Media reports second-quarter loss as newsprint costs surge
Source: Reuters
BENGALURU, Nov 7 (Reuters) - India's HT Media Ltd (HTML.NS) reported a second-quarter loss on Monday, dragged by higher costs of newsprint.Consolidated net loss for the three months ended Sept. 30 came at 1.56 billion rupees ($18.97 million), compared with a profit of 232.3 million rupees a year earlier, the New Delhi-based media company said in an exchange filing.The print business has been harmed by rising…