Jagran Prakashan posts 2.5% growth in consolidated revenue in FY19
Ad revenue has posted a growth of 2.3% to reach Rs 1736.6 crore in FY19, the company has said
Jagran Prakashan has registered a 2.5 per cent growth to reach a consolidated revenue of Rs 2,362.7 crore in FY19, as per media reports.
Its circulation revenue has grown at 1 per cent, while the ad revenue has posted a growth of 2.3 per cent to reach Rs 1736.6 crore.
With respect to its Print business, Jagran Prakashan said government ads have contributed to nearly 55 per cent of its revenue.
Meanwhile, in terms of the digital business the company has seen a turnover of nearly Rs 45 crore. Reports also said that in digital business, the company has seen 40 per cent growth in its userbase.
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