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Wednesday, August 01, 2007

Jagran Prakashan - Reaching To Masses


Jagran Prakashan Q1 Net Up 51.62%

Driven by significant advertising revenue growth, Jagran Prakashan Limited (JPL), publishers of Hindi daily 'Dainik Jagran', on Friday reported a 51.62 per cent increase in its net profit for the quarter ended June 30.

The company said its net profit for the period under review stood at Rs 34.71 crore against Rs 22.89 crore in the corresponding period last year.

The media house's total revenues for the said quarter stood at Rs 192.27 crore, an increase of 34.69 per cent compared to Rs 142.75 crore in the last fiscal.

"We dedicated our efforts towards strengthening Dainik Jagran and various other initiatives. We are pretty positive about future of the media industry in general and business in particular," JPL Managing Director and Chairman Mahendra Mohan Gupta said.

The steady growth in the revenue has been driven by the significant growth in advertisement revenue, which grew by 42 per cent, at Rs 126.74 crore from Rs 89.22 crore, it said, adding revenue from businesses other than publication was Rs 11.49 crore.

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2 Comments:

At 6:35 PM, Anonymous Anonymous said...

Are these recommendations or just news ?

 
At 11:06 AM, Blogger Raj said...

Perhaps you have not read my first five posts (links are on the right side bar of the page under Important). Of course these news are about the stocks I like and recommend.

 

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