JPL’s total revenue, which includes other income, declined 1.88 percent year-on-year to Rs 467.23 crore. | Image: Company website
Jagran Prakashan Ltd, the publisher of Hindi daily Dainik Jagran, on Saturday reported a 6.51 per cent decline in its consolidated net profit at Rs 41.03 crore in the first quarter ended June 2024.
The company had posted a net profit of Rs 43.89 crore in the April-June quarter last year, according to a regulatory filing by Jagran Prakashan Ltd (JPL).
Its operating income fell 2.3 per cent to Rs 444.11 crore in the June quarter from Rs 454.57 crore in the same quarter a year ago.
JPL’s total expenses declined 2.28 per cent to Rs 409.82 crore in the June quarter of FY25.
Its revenue from print, publishing and digital media was Rs 303.54 crore, down 8 per cent from the previous year.
FM radio business revenues rose 12.41 per cent to Rs 59.60 crore during the reported quarter.
JPL’s total revenue, which includes other income, declined 1.88 per cent year-on-year to Rs 467.23 crore.
(Only the headline and image of this report may have been reworked by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
First published: August 10, 2024 | 20:45 IS
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