Jagran Prakashan Ltd's Q3FY25 Quarter Results
- 06 Feb 2025
Result Summary
- Jagran Prakashan Ltd reported a 13.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 0.0%.
- Its expenses for the quarter were up by 8.5% QoQ and 3.0% YoY.
- The net profit increased 50.6% QoQ and decreased 14.6% YoY.
- The earnings per share (EPS) of Jagran Prakashan Ltd stood at 2.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 537.63 | 473.57 | 537.48 | 13.5% | 0.0% |
Total Expenses | 446.24 | 411.24 | 433.29 | 8.5% | 3.0% |
Profit Before Tax | 82.09 | 62.33 | 96.91 | 31.7% | -15.3% |
Tax | 19.46 | 20.70 | 23.60 | -6.0% | -17.5% |
Profit After Tax | 62.72 | 41.65 | 73.48 | 50.6% | -14.6% |
Earnings Per Share | 2.90 | 2.00 | 3.40 | 45.0% | -14.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Jagran Prakashan Ltd is a prominent company in India, primarily operating in the media and communications industry. The company is well-known for its publishing ventures, including newspapers, magazines, and other media-related services. It is one of India's leading media conglomerates, with a significant presence in the print media segment. Jagran Prakashan publishes "Dainik Jagran," which is one of the most widely read Hindi newspapers in the country. The company also has interests in digital, radio, and outdoor advertising. As of the latest available information, there are no specific recent developments provided for Jagran Prakashan Ltd.
Revenue
For the third quarter of the fiscal year 2025 (Q3FY25), Jagran Prakashan Ltd reported total income of ₹537.63 crores. This figure represents a 13.5% increase quarter-over-quarter (QoQ) from ₹473.57 crores in the second quarter of the fiscal year 2025 (Q2FY25). On a year-over-year (YoY) basis, the total income remained stable with a negligible change from ₹537.48 crores in Q3FY24. The consistency in total income over the year reflects the company's ability to maintain its revenue levels despite potential market fluctuations. The data does not provide information on the sources of revenue, such as advertising, subscription, or other segments.
Profitability
In Q3FY25, Jagran Prakashan Ltd recorded a Profit Before Tax (PBT) of ₹82.09 crores, which marks a significant increase of 31.7% from ₹62.33 crores in Q2FY25. However, compared to Q3FY24, PBT declined by 15.3% from ₹96.91 crores. The Profit After Tax (PAT) for Q3FY25 was ₹62.72 crores, showing a remarkable 50.6% increase QoQ from ₹41.65 crores in Q2FY25, though it decreased by 14.6% YoY from ₹73.48 crores in Q3FY24. The company's earnings per share (EPS) for Q3FY25 stood at ₹2.90, up 45.0% QoQ from ₹2.00 in Q2FY25 but down 14.7% YoY from ₹3.40 in Q3FY24. These metrics indicate fluctuations in profitability, with a noticeable improvement from the previous quarter but a decline from the previous year.
Operating Metrics
The total expenses for Jagran Prakashan Ltd in Q3FY25 amounted to ₹446.24 crores, reflecting an 8.5% increase QoQ from ₹411.24 crores in Q2FY25 and a 3.0% increase YoY from ₹433.29 crores in Q3FY24. The tax expenditure for Q3FY25 was ₹19.46 crores, which decreased by 6.0% QoQ from ₹20.70 crores in Q2FY25 and by 17.5% YoY from ₹23.60 crores in Q3FY24. Despite the increase in total expenses, the company managed to reduce its tax outlay both quarterly and annually. The financial data does not provide information on other operating metrics such as cost of goods sold, operating margin, or other specific operational efficiencies or inefficiencies.
