To provide relevant accurate and reliable information fairly fearless & flawless.To be the voice and conscience of the common man To be a caring voice of the common easy& early approachable media group
Over the years we have grown our business expanded our readership base and sustainedour position as a credible and influential media company. Our Pradesh Today is the largestHindi reading evening newspaper of Madhya Pradesh.
I would like to highlight that the Company's financial performance for this year was aremarkable one. In FY 2018-19 our total revenue rose to 2939.44 Lakhs as against Rs.2343.34 Lakhs in the previous year. The Operating Profit before
Taxation (PBT) amounted to Rs. 628.20 Lakhs as against Rs. 530.96 Lakhs in previousyear. Total Income/Profit after Tax (PAT) amounted to Rs. 446.70 Lakhs as against Rs.307.35 Lakhs in previous year.
Our advertising revenues grew by 12.49% to 2345.34Lakhs in FY 2018-19 against2084.88Lakhs in the previous year. Our circulation revenue grew by 167.989% to456.588Lakhsduring FY 2018-19 compared to 170.376 Lakhs in FY 2017-18.The final outcome as evidentfrom the increase in circulation figures was gratifying reflecting the success of ourbusiness strategies the strength of our execution abilities and most importantly thevalue of our product to our readers.In our print business our leadership is built onlong-term sustainable relationships.
We have reinforced our industry position on account of stable and consistent businessstrategy. We aim to strategically explore into new potentials seizing new opportunitiesimplementation of emerging trends synergising strengths and chasing perfection endlessly.The opportunities that lie ahead are significantly vast to ensure sustainable valuecreation for each of our stakeholders.
We have always believed that healthy business can be built through consistent cashflows from Company's core operations and in the year 2018-19 this thought has strengthenedamongst us and we have also successfully maintained our stability through our visions andstrength.
Our employees are one of the greatest assets for us with their relentless drive tohelp our organisation scale new heights through their sustained efforts and questThroughout our journey we have experienced growth in terms of presence and performance.
At a time when Fake News is threatening the very fundamentals of our society weprovide a credible reliable and familiar alternative. At the same time providinggreater returns to our advertisers will be a key aspect for future growth.
I would like to convey my sincere appreciation to the Board of Directors for theirguidance. I would also like to express my heartiest gratitude to all our stakeholders fortheir enduring faith in Pradesh Today. I would like to take this opportunity to thank themfor their trust and faith in us. We look forward to continue on our growth path and createvalue on a sustained basis.
With best wishes Sincerely
Hradayesh Kumar Dixit
Chairman and Managing Director