Jagran Prakashan Ltd Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
January 31, 2013 at 08:29 am
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Jagran Prakashan Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported total income from operations of INR 3,489.019 million, profit from operations before other income, finance cost and exceptional items of INR 745.302 million, profit from ordinary activities before tax of INR 658.681 million, net profit for the period of INR 658.681 million or INR 2.08 per diluted share after extraordinary items compared to the total income from operations of INR 3,240.347 million, profit from operations before other income, finance cost and exceptional items of INR 686.052 million, profit from ordinary activities before tax of INR 599.974 million, net profit for the period of INR 413.025 million or INR 1.31 per diluted share after extraordinary items for the same quarter year ago.
For the nine months period, the company reported total income from operations of INR 9,885.278 million, profit from operations before other income, finance cost and exceptional items of INR 2,026.397 million, profit from ordinary activities before tax of INR 1,910.385 million, net profit for the period of INR 1,910.385 million or INR 6.04 per diluted share after extraordinary items compared to the total income from operations of INR 9,340.899 million, profit from operations before other income, finance cost and exceptional items of INR 1,993.002 million, profit from ordinary activities before tax of INR 1,961.811 million, net profit for the period of INR 1,367.974 million or INR 4.33 per diluted share after extraordinary items for the same period year ago. Gross debt was roughly about INR 4,300 million and net debt of INR 2,300 million.
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.
JAGRAN PRAKASHAN LIMITED 
