Jagran Prakashan has reported digital revenue (excluding advertising) of Rs. 2.24 crore for the quarter ending September 30, 2012, up 15.46% from Rs 1.94 crore in the corresponding quarter last year.

The company currently has several digital properties including news portals Jagran.comJagran PostInextlive.com and Cityplus, an online education portal Jagran Josh, a Hindi blogging platform Jagran Junction, a Hindi video portal Jagran Videos, a Hindi travel portal Jagran Yatra, a health and lifestyle portal Onlymyhealth, classified portal Khojle.in, reverse auction portal Jeetle.in, and also a Mobile Value Added services company called J9 Ventures, through short code 57272. It also offers iPhone, iPad and Android apps for its news properties.

Additionally, it also has a tie-up with Yahoo India for Jagran.com and owns Midday.com, which also has a celebrity management business.

Highlights:

– Jagran Prakashan posted an operating revenue of Rs 322.1 crore for the quarter ending September 30, 2012, up 5.47% from Rs 305.41 crore in the same quarter last year.

– Net Profit after Tax (PAT) stood at Rs 69.44 crore for the quarter, up 51.68% from Rs 45.78 crore in the same quarter last year. The company notes that the profit was increased by a one-off write-off of Rs 3 crore and items not related to current period of Rs 2.75 crore while it was reduced by exchange gain of Rs 7.07 crore and tax of Rs 20.67 crore at full rate.

– Advertisement revenues stood at Rs 219.59 crore for the quarter, up 3.64% from Rs 211.88 crore for the same quarter last year

– Circulation revenues stood at Rs 66.63 crore for the quarter, up 8.88% from Rs 61.2 crore for the same quarter last year. Jagran Prakashan currently publishes 37 editions and over 200 sub-editions of its newspaper Dainik Jagran, a tabloid called City Plus (23 editions), and I-Next, a bilingual newspaper.

In April 2012, the company had acquired Suvi Info Management (Indore) Private Ltd and its subsidiary Naidunia Media Limited, which publishes the Naidunia newspaper in Madhya Pradesh and Chhatisgarh. While Naidunia doesn’t have a website but it does offers an e-paper which has now been integrated as a subdomain of the Jagran website.

Before this, it had acquired Mid-Day Multimedia’s print business including publication brands Mid-Day (published from Mumbai, Pune, Bangalore and Delhi), Sunday Mid-Day, Gujarati Mid-day and The Inquilab in May 2010.

– Event and Outdoor revenues stood at Rs 26.22 crore for the quarter, up 15.81% from Rs 22.64 crore in the same quarter last year.

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