Financials
Q1-2015: Jagran Prakashan reports q-o-q revenue up 4.7 per cent, flat PAT
BENGALURU: Indian publishing group Jagran Prakashan Limited (JPL) reported a 4.7 per cent q-o-q increase in revenue in Q1-2015 to Rs 440.3 crore from Rs 420.7 crore in Q4-2014 and 6.8 per cent more than the Rs 412.2 crore in the year ago quarter Q1-2014.
Note: 100,00,000=100 lakh = 1 crore = 10 million
JPL reported almost flat PAT (lower by 0.2 per cent) at Rs 55.1 crore (12.5 per cent of revenue) in Q1-2015 as compared to the Rs 55.2 crore (13.1 per cent of revenue) in Q4-2014 and 4.7 per cent lower than the Rs 57.8 crore (14 per cent of revenue) in Q1-2014.
Let us look at the other Q1-2015 numbers reported by JPL
JPL’s advertising revenue in Q1-2015 at Rs 308.9 crore (70.2 per cent of revenue) was 5.9 per cent more than the Rs 291.7 crore (69.3 per cent of revenue) in Q4-2014 and 6.6 per cent more than the Rs 289.8 crore (70.3 per cent of revenue) in Q1-2014.
The company’s circulation revenue went up 7.9 per cent in Q1-2015 to Rs 95.7 crore (21.7 per cent of revenue) as compared to the Rs 88.7 crore (21.1 per cent of revenue) in Q4-2014 and 11.9 per cent more than the Rs 85.5 crore (20.7 per cent of revenue) in Q1-2014.
JPL’s major revenue comes from its publication Dainik Jagran (DJ). DJ reported revenue of Rs 335.9 crore in Q1-2015, as compared to the Rs 310.3 crore in Q4-2014 and Rs.312.7 crore in Q1-2014. It has reported operating margin of DJ at 34 per cent for the current quarter. The company reported Digital Advertising Revenue Growth of 57 per cent.
JPL reported total expense of Rs 357.05 crore (81.1 per cent of revenue) in Q1-2015, which was 1.9 per cent lower than the Rs 363.79 crore (86.5 per cent of revenue) in Q4-2014and 8.7 per cent more than Rs 328.38 crore (79.7 per cent of revenue) in Q1-2014. A major component of JPL’s total expenditure is raw materials. The company spent Rs 162.7 crore (37 per cent of revenue) in Q1-2015 towards raw materials, which was 3.6 per cent more than the Rs 157.1 crore (37.3 per cent of revenue) in Q4-2014 and 14.9 per cent more than the Rs 141.6 crore (34.4 per cent of revenue) in Q1-2014.
Sharing its strategy the company says that it plans to leverage credible news content of Jagran to strengthen digital presence and capitalising on the growing mobile traffic, building video content. The company intends to focus on user generated content. JPL says that it wants to increase its foot hold in non Jagran markets. It also plans on covering all major events and will focus on content acquisition, distribution and alliances.
The group is engaged primarily in printing and publication of newspaper and magazines in India. The other activities of the Company comprise outdoor advertising, event management services and digital business. Among JPL’s subsidiaries include Midday Infomedia Limited, Suvi Info Management (Indore) Private Limited, Nai Dunia Media Limited, Shabda-Shikar Prakashan- Firm, Leet OOH Media Private Limited and X-pert Publicity Private Limited.
Click here to read the result update presentation
MUMBAI: It’s time to brief the markets: Page Industries is showing that even when regulations tighten, it can still keep its footing in the innerwear business. The Bengaluru-based apparel major has reported its financials for the quarter ended 31 December 2025, delivering a performance that remains steady and well put together.
The company’s top line showed plenty of elasticity this quarter. Revenue from operations stretched to Rs 1,38,675.71 lakhs, a healthy jump from the Rs 1,29,085.82 lakhs reported in the preceding quarter. Compared to the same period last year, which stood at Rs 1,31,305.10 lakhs, it’s clear the brand’s grip on the market isn’t loosening. Total income for the quarter, including other finance gains, reached a comfortable Rs 1,39,919.03 lakhs.
However, it wasn’t all smooth silk. The Government of India’s new unified Labour Codes, covering everything from wages to social security, officially kicked in on 21 November 2025. This regulatory shift forced Page Industries to account for a one-time “exceptional item” cost of Rs 3,500.42 lakhs to cover incremental employee benefits and related obligations. Despite this Rs 35-crore legislative snag, the underlying business remained robust. Profit before tax stood at Rs 25,625.35 lakhs after the exceptional hit, and without that one-off cost, the figure would have been a more muscular Rs 29,125.77 lakhs. Net profit for the quarter came in at Rs 18,953.64 lakhs.
Total expenses rose to Rs 1,10,793.26 lakhs, driven largely by raw material consumption of Rs 30,162.65 lakhs and employee benefits of Rs 23,310.66 lakhs. Even so, the company’s operational strength ensured the bottom line remained firmly stitched together.
For shareholders, the news is particularly “fitting.” The Board has declared a third interim dividend for 2025-26 of Rs 125 per equity share. The record date has been set for 11 February 2026, with the payment scheduled on or before 6 March 2026. This follows two previous interim dividends of Rs 150 and Rs 125 declared earlier in the financial year, reinforcing the company’s commitment to sharing the spoils of its success.
Looking at the nine-month stretch ending December 2025, Page Industries has amassed total income of Rs 4,04,090.59 lakhs, with total comprehensive income of Rs 58,231.49 lakhs. While the basic earnings per share for the quarter dipped slightly to Rs 169.93, compared to Rs 183.48 in the same quarter last year, the year-to-date EPS remains a solid Rs 524.57.
Auditors at S.R. Batliboi & Associates LLP have given the results a “limited review” thumbs up, reporting no material misstatements. It seems that, as far as Page Industries is concerned, the business remains as well-constructed as its famous Jockey briefs.
