Financial Results Approval

The Board of Directors at its meeting held on Thursday, 28th May, 2026 (commenced at 05:00 PM, concluded at 07:00 PM) approved:

  • Audited Standalone and Consolidated Financial Results for the quarter and year ended 31st March, 2026
  • The results were recommended by the Audit Committee and audited by Price Waterhouse Chartered Accountants LLP
  • Results are available on company website (www.jplcorp.in) and will be published in newspapers

Dividend Declaration

The Board approved payment of interim dividend for FY 2025-26 of ₹10 per equity share (face value ₹2 each) on 21,76,54,272 fully paid-up equity shares (500% dividend).

Dividend Details:

  • Record Date: Friday, 5th June, 2026
  • Payment Date: On or before 27th June, 2026
  • Dividend subject to applicable TDS under Income Tax Act, 1961

Legal and Regulatory Matters

The auditor's report highlights several legal matters:

Promoter Disputes:

  • Petition under Sections 241, 242 and 244 of Companies Act, 2013 filed by certain promoters against other promoters
  • Filed with NCLT Allahabad on July 10, 2023 by Mr. Mahendra Mohan Gupta and Mr. Shailesh Gupta
  • Mr. Shailendra Mohan Gupta filed similar petition in current year
  • Matter pending with NCLT

EGM and Director Removal:

  • Company received special notice from Jagran Media Investment Network Private Limited for removal of 7 independent directors and 1 whole-time director
  • Company scheduled EGM on May 29, 2026 to consider these resolutions
  • NCLAT order dated May 26, 2026 directed implementation of EGM resolutions be kept in abeyance until outcome of NCLT petition
  • Management does not expect any impact on financial results from these matters

Financial Highlights

Standalone Financials (Amount in ₹ Lakhs):

Assets & Liabilities (as at 31.03.2026):

  • Total Assets: 3,04,941.94
  • Total Equity: 1,81,081.41
  • Equity Share Capital: 4,353.09
  • Reserves and Surplus: 1,75,782.45

Impairment Loss:

  • ₹750.00 lakhs impairment on investment in Midday Infomedia Limited (previous year: ₹360.44 lakhs)

Labour Code Impact:

  • ₹201.00 lakhs impact from new Labour Codes recorded in employee benefit expenses

Consolidated Financials (Amount in ₹ Lakhs):

FY 2026 Performance:

  • Total Income: 1,99,945.30
  • Profit Before Tax: 26,710.69
  • Profit for the Year: 18,492.82
  • EPS: ₹9.05 (Basic and Diluted)

Segment Performance:

  • Printing, publishing and digital: Revenue ₹147,894.45, Result ₹22,236.55
  • FM radio business: Revenue ₹17,443.25, Result (₹5,768.88)
  • Others: Revenue ₹22,868.98, Result ₹1,013.06

Subsidiaries and Associates:

The consolidated results include:

  • Midday Infomedia Limited (100% subsidiary)
  • Music Broadcast Limited (74.05% subsidiary)
  • Leet OOH Media Private Limited (48.84% associate)
  • Other minority investments

Additional Information

  • Company CIN: L22219UP1975PLC004147
  • Results include balancing figures for Q4 March 31, 2026 between audited full year and published unaudited YTD figures up to Q3

Compliance Declaration

Company declared under Regulation 33(3)(d) of Listing Regulations with unmodified opinion in Auditor's Report.

#Tags: #JagranPrakashan #FY2026Results #Dividend #SEBIDisclosure #RegulatoryCompliance #FinancialResults #NCLT