Jagran Prakashan Reports 76% Jump in Q1 Profit, Revenue Up 7.5%
By ScanX News Team
Jagran Prakashan Limited announced strong Q1 financial results. Standalone profit increased by 76% year-on-year to Rs 60.09 crore, while revenue grew 7.5% to Rs 398.13 crore. Consolidated profit rose 62.7% to Rs 66.76 crore, with revenue up 3.6% to Rs 460.05 crore. The core printing, publishing, and digital segment saw 7.5% growth, while FM radio business declined 10%. The company paid an interim dividend of Rs 6 per equity share.
*this image is generated using AI for illustrative purposes only.
Jagran Prakashan Limited, a leading media conglomerate, has reported a robust financial performance for the first quarter. The company's standalone profit surged by 76% year-on-year, while consolidated revenue showed a healthy increase.
Standalone Performance
Jagran Prakashan's standalone profit for Q1 reached Rs 60.09 crore, a significant jump from Rs 34.14 crore in the same quarter last year. This represents a 76% year-on-year increase in profitability.
Revenue from operations on a standalone basis grew to Rs 398.13 crore, up from Rs 370.45 crore in the previous year's corresponding quarter, marking a 7.5% increase.
Consolidated Results
On a consolidated basis, the company posted an even stronger performance:
- Profit after tax: Rs 66.76 crore (up 62.7% year-on-year)
- Revenue from operations: Rs 460.05 crore (up 3.6% year-on-year)
Segment-wise Performance
| Segment | Revenue (Rs crore) | YoY Growth |
|---|---|---|
| Printing, publishing and digital | 355.36 | 7.5% |
| FM radio business | 49.32 | -10.0% |
| Others (outdoor advertising, event management) | 56.11 | 2.9% |
The printing, publishing, and digital segment, which is the company's core business, showed strong growth. However, the FM radio business experienced a decline in revenue compared to the same quarter last year.
Other Financial Highlights
- Earnings per share (EPS) on a standalone basis improved to Rs 2.76, compared to Rs 2.02 in the previous quarter.
- The company paid an interim dividend of Rs 6 per equity share.
About Jagran Prakashan Limited
Jagran Prakashan Limited is a diversified media company with interests in printing and publication of newspapers and magazines, FM radio broadcasting, digital media, and outdoor advertising. The company operates across multiple segments of the media industry in India.
The financial results demonstrate Jagran Prakashan's strong market position and its ability to capitalize on growth opportunities across its diverse media portfolio.
Historical Stock Returns for Jagran Prakashan
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.42% | -0.65% | +1.05% | -5.40% | -27.82% | +90.33% |
19
