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Jagran Prakashan
For 2QFY2012, Jagran Prakashan (JPL) reported a weak performance on the
revenue and earnings front. Ad revenue grew by ~9.5% yoy and muted 3.7% qoq
and circulation growth stood at ~11.6% yoy and ~5.2% qoq. Non-publishing
business revenue which comprises event, outdoor and digital businesses grew by
13% yoy, though declined by 27.1% qoq. During the quarter readership for Dainik
Jagran and I-Next increased by 4.82lakh 0.37lakh respectively. Circulation during
2QFY2012 for Dainik Jagran and I-Next increased by 9.6% yoy and 30% yoy
respectively. A detailed note would be released post the conference call with the
management today. The stock is currently under review.
Concall is scheduled on Monday, October 24, 2011 at 12.00 noon IST, dial in
numbers: 022 6629 0034, 022 3065 0034
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� �
Jagran Prakashan
For 2QFY2012, Jagran Prakashan (JPL) reported a weak performance on the
revenue and earnings front. Ad revenue grew by ~9.5% yoy and muted 3.7% qoq
and circulation growth stood at ~11.6% yoy and ~5.2% qoq. Non-publishing
business revenue which comprises event, outdoor and digital businesses grew by
13% yoy, though declined by 27.1% qoq. During the quarter readership for Dainik
Jagran and I-Next increased by 4.82lakh 0.37lakh respectively. Circulation during
2QFY2012 for Dainik Jagran and I-Next increased by 9.6% yoy and 30% yoy
respectively. A detailed note would be released post the conference call with the
management today. The stock is currently under review.
Concall is scheduled on Monday, October 24, 2011 at 12.00 noon IST, dial in
numbers: 022 6629 0034, 022 3065 0034
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