Jagran Prakashan Q2 revenue rises 5.6%; digital revenue grows 23.6%

Media company Jagran Prakashan Limited reported operating revenue of ₹493.44 crore in the second quarter (July-September) of the fiscal year 2026-27. This is a 5.6 percent increase compared to ₹467.36 crore in the same quarter last year. Advertising revenue also increased, with digital revenue growing 23.6 percent.

According to the company's results, advertising revenue in the second quarter increased by 6.1 percent to ₹346.69 crore (₹346.69 crore), compared to ₹326.69 crore (₹326.69 crore) in the same period last year. This includes advertising revenue from both print and digital media.

However, circulation revenue, or newspaper sales, declined slightly to ₹80.25 crore from ₹81 crore in the second quarter of last year. Meanwhile, other operating revenue increased 11.5 percent to ₹66.50 crore.

decline in profits

Despite the increase in revenue, the company's profitability remained under pressure. Operating profit in the second quarter was ₹573.2 million, compared to ₹665.8 million in the same period last year. Similarly, profit before tax (PBT) declined to ₹581.8 million from ₹711.4 million.

The company's net profit (PAT) also declined to Rs 42.82 crore from Rs 56.94 crore in the previous year. Earnings per share (EPS) fell to Rs 1.89 from Rs 2.69.

Digital revenue increased by 23.6%

Digital revenues related to the company's print business saw strong growth, rising 23.6% to ₹268.1 million in the second quarter, compared to ₹216.9 million in the same quarter last year. This revenue includes advertising revenue.

Revenue increased by 7.1% in the first half

Jagran Prakashan's operating revenue rose 7.1% to ₹992.79 crore in the first half (April-September) of fiscal year 2026-27, compared to ₹927.41 crore in the same period last fiscal.

Advertising revenue increased 8.1 percent to ₹690.25 crore during the period. Digital revenue increased 26.9 percent to ₹51.39 crore. Circulation revenue declined slightly to ₹165.03 crore.

However, profits declined in the first half as well. Operating profit fell from ₹130.37 crore to ₹127.35 crore. Net profit fell to ₹104.05 crore from ₹123.70 crore. Earnings per share also declined from ₹5.78 to ₹4.59.

Performance of Dainik Jagran and Radio Business

The company's flagship newspaper, Dainik Jagran, reported operating revenue of ₹311.90 crore in the second quarter, up from ₹299.29 crore in the same quarter last year. However, its operating profit fell to ₹50.17 crore from ₹68.87 crore.

Operating revenue for other publications (Mid-Day, Naidunia, Inext, Punjabi Jagran, Inquilab-North, and Sakhi) was ₹579.9 million. This business reported an operating loss of ₹22.4 million, compared to an operating profit of ₹38.4 million in the same quarter last year.

The radio business reported operating revenue of ₹40.96 crore and an operating profit of ₹6.15 crore for the quarter, compared to an operating loss of ₹5.49 crore in the same quarter last year.

At the same time, the operating revenue of outdoor and event business stood at Rs 57.42 crore and operating profit was recorded at Rs 1.55 crore.

The group received 16 awards .

The company said that during the second quarter of FY 2026-27, its various businesses received a total of 16 awards. These included awards related to journalism, advertising, outdoor advertising, digital and technology.

According to the company, CRISIL has retained Jagran Prakashan's long and medium term credit rating at AA+ Stable and short term rating at A1+.