June 28, 2017 5:10 PM ET

Media

Company Overview of Jagran Prakashan Limited

Company Overview

Jagran Prakashan Limited, a media and communications company, engages in printing and publishing newspapers and magazines in India. It offers Dainik Jagran, a daily newspaper; inext, a bilingual daily for youth; mid-day, an afternoon newspaper; Nai Dunia/Nav Dunia, a Hindi daily newspaper; Inquilab, an Urdu daily newspaper; Sakhi, a women’s magazine; Jagran Josh plus, a fortnightly educational magazine; mid-day Gujarati, a Gujarati newspaper; Khet Khalihaan, a monthly agricultural magazine; and Punjabi Jagran, a Punjabi daily newspaper. The company also provides Web and text/ voice-based value-added services and products in genres, such as news, education, blogging, gaming, classifieds, and ...

Jagran Building

2, Sarvodaya Nagar

Kanpur,  208005

India

Founded in 1942

Phone:

91 51 2221 6161

Fax:

91 51 2223 0625

Key Executives for Jagran Prakashan Limited

Chief Executive Officer, Chief Editor of Dainik Jagran and Whole Time Director
Age: 53
Total Annual Compensation: 18.4M
Chairman, Managing Director and Editorial Director of Dainik Jagran
Age: 75
Total Annual Compensation: 21.0M
Chief Financial Officer
Age: 55
Total Annual Compensation: 4.6M
Whole-Time Director
Age: 72
Total Annual Compensation: 16.8M
Whole Time Director
Age: 54
Total Annual Compensation: 16.8M
Compensation as of Fiscal Year 2016.

Jagran Prakashan Limited Key Developments

Music Broadcast Eyes Acquisitions In Kolkata, MP

Music Broadcast Limited (BSE:540366) is seeking acquisition of smaller radio firms in places like Kolkata, Madhya Pradesh and Chhattisgarh. Music Broadcast which runs Radio City, is looking to acquire local/smaller radio firms in places like Kolkata, Madhya Pradesh and Chhattisgarh after the three-year lock-in period under Phase 3 of radio privatization expires on 31 March 2018. Music Broadcast has already initiated acquisition talks with some potential targets, said Apurva Purohit, President, Jagran Prakashan Limited (BSE:532705), parent of Music Broadcast. "We have already started talking to a few players which have individual stations or small networks across the country. There are many cities where Jagran (newspaper) has a presence but Radio City doesn't. We will be identifying and targeting such cities for the next phase of expansion," said Apurva Purohit, adding that the company will expand its presence primarily in metros, mini-metros and cities with high advertising potential. Radio City will only be able to acquire the radio stations that were operational before April 2015 and migrated to Phase 3 (from Phase 2) on 1 April 2015.

Jagran Prakashan Limited Reports Standalone Audited Earnings Results for the Fourth Quarter and Year Ended March 31, 2017 and Consolidated Earnings Results for the Full Year Ended March 31, 2017

Jagran Prakashan Limited reported standalone audited earnings results for the fourth quarter ended March 31, 2017 and consolidated earnings results for the full year ended March 31, 2017. For the quarter, on standalone basis, revenues were INR 4,671 million against INR 4,367 million for the same period prior year. Operating profit was INR 1,196 million against INR 1,118 million for the same period prior year. Operating profit margin was 25.6% against 25.6% for the same period prior year. Profit before tax was INR 1,051 million against INR 949 million for the same period prior year. Profit after tax was INR 759 million against INR 647 million for the same period prior year. PAT margin was 16.2% against 14.8% for the same period prior year. For the full year, on standalone basis, revenues were INR 19,001 million against INR 17,789 million for the same period prior year. Operating profit was INR 5,264 million against INR 4,993 million for the same period prior year. Operating profit margin was 25.6% against 25.6% for the same period prior year. Profit before tax was INR 4,648 million against INR 4,071 million for the same period prior year. Profit after tax was INR 3,161 million against INR 2,716 million for the same period prior year. PAT margin was 16.6% against 15.3% for the same period prior year. For the full year, on consolidated basis, revenues were INR 22,830 million against INR 20,792 million for the same period prior year. Operating profit was INR 6,396 million against INR 5,905 million for the same period prior year. Operating profit margin was 28.0% against 28.4% for the same period prior year. Profit before tax was INR 5,168 million against INR 4,639 million for the same period prior year. Profit after tax was INR 3,493 million against INR 3,508 million for the same period prior year. PAT margin was 15.2% against 16.8% for the same period prior year.

Jagran Prakashan Limited Recommends Dividend for the Year Ended March 31, 2017

Jagran Prakashan Ltd. at its board meeting held on May 29, 2017, recommended final dividend of INR 3 per equity share of INR 2 each on the paid up equity share each, for the year ended March 31, 2017.

Recent Private Companies Transactions

Type
Date
Target
Buyback
January 5, 2017
--
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Jagran Prakashan Limited, please visit www.jplcorp.in. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.