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Jagran Prakashan
Jagran Prakashan Ltd, the publisher of Hindi daily Dainik Jagran, on Saturday reported a consolidated net loss of Rs 51.46 crore for the March quarter of FY'25. The company had posted a net profit of Rs 6.02 crore in the January-March quarter of the previous fiscal, according to an exchange filing from Jagran Prakashan Ltd (JPL). Its revenue from operations was down 5.6 per cent to Rs 481 crore in the March quarter. It was at Rs 509.64 crore in the corresponding quarter a year ago. JPL's total expenses were up 11.36 per cent to Rs 580.51 crore in the March quarter of FY'25. Its revenue from printing, publishing and digital was at Rs 377.12 crore, down 6.8 per cent in the March quarter. Revenue from the FM radio business was down 12.7 per cent to Rs 54.67 crore in Q4 of FY'25. However, its revenue from other segments, which comprise outdoor advertising and event management and activation services, was up 16.5 per cent to Rs 50.47 crore. Total income of JPL, which includes other in
Jagran Prakashan Ltd, the publisher of Hindi daily Dainik Jagran, on Saturday reported a decline of 6.51 per cent in its consolidated net profit at Rs 41.03 crore in the first quarter ended June 2024. The company had posted a net profit of Rs 43.89 crore in the April-June quarter a year ago, according to a regulatory filing from Jagran Prakashan Ltd (JPL). Its revenue from operations was down 2.3 per cent to Rs 444.11 crore in the June quarter. It was at Rs 454.57 crore in the corresponding quarter a year ago. JPL's total expenses declined 2.28 per cent to Rs 409.82 crore in the June quarter of FY25. Its revenue from printing, publishing and digital was at Rs 303.54 crore, down 8 per cent year on year. Revenue from FM radio business was up 12.41 per cent to Rs 59.60 crore during the reporting quarter. Total income of JPL, which includes other income, was down 1.88 per cent year on year to Rs 467.23 crore.
Jagran Prakashan Ltd, the publisher of Hindi daily Dainik Jagran, on Tuesday reported a 74.1 per cent decline in its consolidated net profit to Rs 6.02 crore for the fourth quarter ended on March 31, 2024. The company had posted a net profit of Rs 23.27 crore in the January-March quarter a year ago, according to a regulatory filing from Jagran Prakashan Ltd (JPL). However, its revenue from operations was up 10.9 per cent to Rs 509.64 crore during the quarter under review. It was at Rs 459.38 crore in the corresponding quarter a year ago. JPL's total expenses stood at Rs 521.25 crore, up 7.05 per cent in the March quarter of FY 24. Its revenue from printing, publishing and digital was Rs 404.83 crore. Revenue from FM radio business was at Rs 62.63 crore in the March quarter. Total income of JPL, which includes other income, was up 4.15 per cent in the March quarter to Rs 533.54 crore. For the financial year, which ended on March 31, 2024, JPL's net profit was down 16.2 per cent t
Jagran Prakashan Ltd, the publisher of the Hindi daily Dainik Jagran, on Tuesday reported a 55.86 per cent decline in its consolidated net profit to Rs 23.27 crore for the fourth quarter ended March 2023. The company had posted a net profit of Rs 52.73 crore during the January-March quarter a year ago, Jagran Prakashan Ltd (JPL) said in a BSE filing. Its revenue from operations increased 8.19 per cent to Rs 459.38 crore during the quarter under review against Rs 424.58 crore in the year-ago period. This quarter also "includes impairment of goodwill and investment in associates of Rs 72.96 crore", the company said in its earning statement. JPL's total expenses surged 28.85 per cent to Rs 486.92 crore in Q4 FY23 compared to Rs 377.87 crore a year ago. Its total income in the March quarter was Rs 512.25 crore, up 16.13 per cent. For the fiscal ended March 2023, JPL's net profit was down 9.26 per cent at Rs 196.78 crore against Rs 216.87 crore in FY22. However, its consolidated reve
Jagran Prakashan, the publisher of leading Hindi daily Dainik Jagran, on Tuesday said its board has approved buying back shares worth up to Rs 118 crore. "The board of directors of the company... approved the buyback of the company's fully paid-up equity shares of face value of Rs 2 each for an aggregate amount not exceeding Rs 118 crore... and at a price not exceeding Rs 60 per equity share payable in cash, from its shareholders/ beneficial owners (other than those who are promoters, members of the promoter group or persons in control), from the open market through stock exchange mechanism," it said in a regulatory filing. As per the company, the indicative number of shares proposed to be bought back would be 1,96,66,666, representing 6.99 per cent stake. Jagran Prakashan said the public announcement setting out the process, timelines and other statutory details of the buyback will be released in due course. Shares of the company declined nearly 7 per cent to close at Rs 57 on the