Investor Relations
News Detail
31st Jan 2007
INM’s Indian Associate Results Q3 FY 06/07
Net Profit up by 143.8%; Revenues increase by 29.8 %
Jagran Prakashan Limited ['JPL'], publishers of 'Dainik Jagran', India's largest read newspaper (Source: IRS), in which Independent News & Media PLC ['INM'] holds a 21% strategic shareholding, has recorded net revenues of Rs 1.63 billion (c. €28.2 million) for Q3 FY07, an increase of 29.8% over the corresponding quarter of the previous year. The net profit was at Rs 177.0 million (c. €3.1 million), a sharp increase of 143.8% from Rs 72.6 million in the corresponding quarter of the previous fiscal year. The EPS for the quarter at Rs 2.94, compared to Rs 1.47 in the corresponding quarter of FY 06. The company also announced an interim dividend of Rs 7.50 per share.
