Business Standard

Covid-19 impact: Jagran Prakashan reports Q1 net loss of Rs 44.31 cr

The company had posted a profit after tax of Rs 65.75 crore during the April-June period a year ago, Jagran Prakashan Ltd (JPL) said in a BSE filing.

Coronavirus, markets, companies, loss
Premium

Revenue from 'printing, publishing and digital' stood at Rs 174.26 crore, compared to Rs 482.28 crore in the corresponding period of the preceding fiscal

Press Trust of India New Delhi
Jagran Prakashan Ltd, the publisher of Hindi daily Dainik Jagran, on Friday reported a consolidated loss after tax of Rs 44.31 crore for the quarter ended June 2020.
The company had posted a profit after tax of Rs 65.75 crore during the April-June period a year ago, Jagran Prakashan Ltd (JPL) said in a BSE filing.
Total income dropped 65.23 per cent to Rs 204.49 crore during the quarter under review, as against Rs 588.28 crore earlier.
JPL's total expenses stood at Rs 265.34 crore, down 45.61 per cent from Rs 487.93 crore in Q1 FY20.
JPL Chairman and Managing Director M M Gupta

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 31 2020 | 9:54 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com