Jagran Prakashan Limited Announces Unaudited Standalone and Consolidated Earnings Results for Third Quarter and Nine Months Ended December 31, 2017
January 30, 2018 at 04:02 pm IST
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Jagran Prakashan Limited announced unaudited standalone and consolidated earnings results for third quarter and nine months ended December 31, 2017. For the quarter, the company reported standalone revenue from operations was INR 4,954.984 million against revenue from operations of INR 5,005.025 million a year ago. Profit before share of net profit of associates accounted for using equity method and tax was INR 1,179.127 million against profit before share of net profit of associates accounted for using equity method and tax of INR 1,373.233 million a year ago. Profit before tax was INR 1,179.127 million against profit before tax of INR 1,373.233 million a year ago. Profit after tax was INR 773.965 million against profit after tax of INR 891.268 million a year ago. Basic and diluted earnings per share were INR 2.49 against basic and diluted earnings per share of INR 2.73 a year ago.
For the period, the company reported standalone revenue from operations were INR 14,329.351 million against revenue from operations of INR 19,000.772 million a year ago. Profit before share of net profit of associates accounted for using equity method and tax was INR 3,289.096 million against profit before share of net profit of associates accounted for using equity method and tax of INR 3,597.059 million a year ago. Profit before tax was INR 3,289.096 million against profit before tax of INR 3,597.059 million a year ago. Profit after tax was INR 2,169.526 million against profit after tax of INR 2,401.646 million a year ago. Basic and diluted earnings per share were INR 6.94 against basic and diluted earnings per share of INR 7.36 a year ago.
For the quarter, the company reported consolidated revenue from operations were INR 5,980.693 million against revenue from operations of INR 6,016.415 million a year ago. Profit before share of net profit of associates accounted for using equity method and tax was INR 1,317.975 million against profit before share of net profit of associates accounted for using equity method and tax of INR 1,525.829 million a year ago. Profit before tax was INR 1,317.975 million against profit before tax of INR 1,525.829 million a year ago. Profit after tax was INR 872.319 million against profit after tax of INR 980.742 million a year ago. Basic and diluted earnings per share were INR 2.8 against basic and diluted earnings per share of INR 2.32 a year ago.
For the period, the company reported consolidated revenue from operations were INR 17,559.486 million against revenue from operations of INR 17,209.111 million a year ago. Profit before share of net profit of associates accounted for using equity method and tax was INR 3,748.697 million against profit before share of net profit of associates accounted for using equity method and tax of INR 4,030.524 million a year ago. Profit before tax was INR 3,748.697 million against profit before tax of INR 4,030.524 million a year ago. Profit after tax was INR 2,482.078 million against profit after tax of INR 2,682.04 million a year ago. Basic and diluted earnings per share were INR 7.94 against basic and diluted earnings per share of INR 8.2 a year ago.
Jagran Prakashan Limited is an India-based company, which is engaged in the printing and publication of newspapers and magazines in India. The other activities of the Company comprise outdoor advertising business, event management and activation services and digital business. Its segments include printing, publishing and digital, FM Radio, and Others. The Printing, publishing and digital segment comprises advertising revenue, sales of newspapers, magazines and others. The FM radio business comprises advertisement from sale of radio airtime. The Others segment comprises outdoor advertising and event management and activation services. It operates its business of radio broadcast and all other related activities through its radio channels operating under the brand name Radio City in India and the business of providing event management services and outdoor activities. It prints approximately 10 titles across 13 states in five different languages. Its flagship brand is Dainik Jagran.