Investor Relations
News Detail

30th Oct 2007

INM’s Indian Associate Results for Q2 FY07/08

Revenues up by 23.40%; Net Profit up by 25.47%

Jagran Prakashan Limited (JPL), publishers of 'Dainik Jagran', India's largest read daily (Source: IRS 2007 Round 2), has reported net operating revenues of Rs. 1.8 billion (€31.9 million) for Q2 FY07/08, an increase of 23.40% over the corresponding quarter of the previous year. The net profit of Rs 220.0 million (€4.0 million) showed a sharp increase of 25.47%, from Rs 175.4 million in the corresponding quarter of the previous fiscal year. The EPS (non-annualised) for the quarter at Rs 3.65 was up 25.47% on the corresponding quarter of FY06/07.

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“Independent News & Media has always understood that beyond being a very successful company in the financial sense, it has broader social responsibilities to all those communities where it operates. This is demonstrated by over 200 projects and charities which the company has underwritten and supported and can be seen from the work that INM has done in education, particularly the work they’ve done in health education in South Africa in relation to HIV and AIDS.”

Baroness Margaret Jay, Non-Executive Director