Top Story


Home >> Media – Print >> Article

Jagran Prakashan Q1 net slides 10.5 pc; operating revenues up 12. 9 pc

Font Size   16
Jagran Prakashan Q1 net slides 10.5 pc; operating revenues up 12. 9 pc

Jagran Prakashan Ltd has reported a 10.58 per cent drop in its Q1 FY12 net profit at Rs 49.72 crore, from Rs 55.60 crore in the corresponding quarter of the previous fiscal. On the other hand, operating revenues for Q1 FY12 stood at Rs 304.65 crore, up 12.91 per cent from Rs 269.82 crore in Q1 FY11.

Meanwhile, there was growth in both advertisement and circulation revenues. While advertisement revenues were up 7.65 per cent at Rs 204.27 crore, circulation revenues saw a growth of 5.23 per cent at Rs 58.20 crore.

Commenting on the company’s Q1 FY12 performance, Mahendra Mohan Gupta, Jagran Prakashan Ltd, said, “The company performed satisfactorily in competitive environment. It registered high growth in circulation of all the six print brands of the Group. Other businesses, especially activation too performed incredibly. However, growth in advertisement was subdued due to slowdown in national advertising, lower than expected growth in education sector and strategic decision not to offer steep discounts as desired by a few advertisers.”

Chitresh Sinha, CEO, Chlorophyll Innovation Lab and Vivek Singh, Joint MD, Procam International speak exclusively with exchange4media on the upcoming #BeBetter Campaign for the TATA Mumbai Marathon

Abhishek Punia, Co-founder and COO of ARM Worldwide, tells about how they re-branded themselves from ARM Digital to ARM Worldwide and in the process marked their presence globally

Srinivasan opens up on what prompted their recent rebrand, their foray into bus depots and developing the software that displays Bengaluru Metropolitan Transport Corporation's (BMTC) Passenger Information System for all the major bus depots in Bangalore.

Software and Technology, Consulting, Healthcare seem to be increasingly using Webinars to engage with their clients and employees

Latestly focuses on all latest and breaking events across the globe, providing information on trend related stories across genres

As part of this re-imagined approach Star India will broadcast live matches in six different languages with an aim to target 700 million viewers across TV and Digital.

Rahul Johri, CEO, Board of Control for Cricket in India (BCCI), spoke about the upcoming season of IPL and with Star India’s re-imagine approach, he made assured that this year will be a kickass seas...