Jagran Prakashan Ltd Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2015
January 29, 2016 at 07:10 am
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Jagran Prakashan Ltd. reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, on standalone basis, the company's the company's net sales/income from operations was INR 4,710.05 million compared to INR 4,284.13 million a year ago. Profit from operations before other income, finance costs and exceptional items, prior period adjustments, share in associates profit and share of minority interests was INR 1,186.68 million compared to INR 1,016.79 million a year ago. Profit from ordinary activities before tax and share in associates profit and share of minority interests was INR 1,066.67 million compared to INR 947.76 million a year ago. Net profit after taxes, minority interests and share of profit of in associates was INR 697.012 million compared to INR 618.96 million a year ago. Basic and diluted earnings per share before and after extraordinary items was INR 2.13 compared to INR 1.89 a year ago.
For the nine months, on standalone basis, the company's the company's net sales/income from operations was INR 13,267.89 million compared to INR 12,307.37 million a year ago. Profit from operations before other income, finance costs and exceptional items, prior period adjustments, share in associates profit and share of minority interests was INR 3,251.42 million compared to INR 2,667.58 million a year ago. Profit from ordinary activities before tax and share in associates profit and share of minority interests was INR 2,967.59 million compared to INR 2,588.45 million a year ago. Net profit after taxes, minority interests and share of profit of in associates was INR 1,943.73 million compared to INR 1,738.55 million a year ago. Basic and diluted earnings per share before and after extraordinary items was INR 5.95 compared to INR 5.32 a year ago.
For the quarter, on consolidated basis, the company's the company's net sales/income from operations was INR 5,646.19 million compared to INR 4,584 million a year ago. Profit from operations before other income, finance costs and exceptional items, prior period adjustments, share in associates profit and share of minority interests was INR 1,437.46 million compared to INR 1,059.29 million a year ago. Profit from ordinary activities before tax and share in associates profit and share of minority interests was INR 1,329.26 million compared to INR 90.5 million a year ago. Net profit after taxes, minority interests and share of profit of in associates was INR 933 million compared to INR 666.17 million a year ago. Basic and diluted earnings per share before and after extraordinary items was INR 2.88 compared to INR 2.14 a year ago.
For the nine months, on consolidated basis, the company's the company's net sales/income from operations was INR 15,419.27 million compared to INR 13,137.2 million a year ago. Profit from operations before other income, finance costs and exceptional items, prior period adjustments, share in associates profit and share of minority interests was INR 3,736.48 million compared to INR 2,708.88 million a year ago. Profit from ordinary activities before tax and share in associates profit and share of minority interests was INR 3,553.99 million compared to INR 2,623.45 million a year ago. Net profit after taxes, minority interests and share of profit of in associates was INR 3,645.39 million compared to INR 1,783.04 million a year ago. Basic and diluted earnings per share before and after extraordinary items was INR 7.67 compared to INR 5.73 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.