Jagran Prakashan Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results at their meeting held on February 12, 2026, following recommendations from the Audit Committee.

Standalone Financial Performance

The company's standalone performance for Q3FY26 showed mixed results with revenue declining year-over-year while maintaining profitability.

For the nine-month period ended December 31, 2025, the standalone performance showed significant improvement:

Consolidated Financial Results

The consolidated financial performance reflected the impact of the company's subsidiaries and associates.

For the nine-month consolidated performance:

Business Segment Performance

The company's major business segments showed varied performance during Q3FY26:

Key Financial Impact

The company's operating profit was impacted by ₹5.76 crores in standalone results and ₹6.89 crores in consolidated results due to provisions made for the new labour code effective November 21, 2025. Other income showed strong growth of 39% to ₹19.55 crores in Q3FY26, including ₹31.80 crores received from maturity proceeds of a Keyman policy during the nine-month period.

Subsidiary Performance

Music Broadcast Limited, operating the Radio City brand, showed recovery with operating profit of ₹7.61 crores in Q3FY26 compared to ₹10.83 crores in Q3FY25. The subsidiary declared an interim dividend of Re. 0.01 per Non-Convertible Non-Cumulative Redeemable Preference Share.

Corporate Developments

The company disclosed ongoing legal proceedings involving petitions filed under sections 241, 242 and 244 of the Companies Act, 2013 with the National Company Law Tribunal. Management does not expect any adverse impact from these matters on the company's financial position. Additionally, the Group received 27 awards during Q3FY26 across various brands, recognizing leadership in different business segments.

Jagran Prakashan Limited has informed stock exchanges that two company petitions pending before the National Company Law Tribunal (NCLT) Allahabad have been rescheduled for hearing. The disclosure, made on February 4, 2026, follows the company's previous communication dated December 22, 2025, under SEBI listing regulations.

NCLT Proceedings Update

The company petitions were originally scheduled for February 3, 2026, before the Hon'ble Special Bench of NCLT Allahabad. However, no arguments were advanced as the Special Bench was specifically constituted for hearing urgent matters under the Insolvency and Bankruptcy Code, 2016.

Court Orders and Documentation

Both NCLT orders dated February 3, 2026, confirmed the rescheduling due to the Special Bench's focus on urgent IBC matters. The orders were issued under the authority of an NCLT New Delhi directive dated January 21, 2026, which established the Special Bench configuration.

The matters will not be listed on the previously notified dates of February 4, 2025, and February 9-11, 2025, as mentioned in the company's disclosure.

Regulatory Compliance

The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Chief Financial Officer and Company Secretary Amit Jaiswal signed the communication, ensuring compliance with regulatory requirements.

The company has committed to providing further updates when material developments occur in the proceedings. The information has been uploaded on the company's website and will be available on NSE and BSE platforms as per standard disclosure practices.