Dividend Declaration

The company declared an interim dividend of Rs. 10 per equity share including special dividend of Rs. 3 per equity share.

Standalone Financial Performance (Q4 FY26 vs Q4 FY25)

Revenue Performance

  • Operating Revenues: Rs 417.17 crores, up 1.6% from Rs 410.63 crores
  • Advertisement Revenues: Rs 272.03 crores, up 1.3% from Rs 268.62 crores
  • Circulation Revenues: Rs 79.23 crores (down from Rs 82.81 crores)
  • Other Operating Revenues: Rs 65.91 crores, up 11.3% from Rs 59.20 crores
  • Digital Revenue: Rs 18.79 crores (almost flat from Rs 18.84 crores)*

Profitability Metrics

  • Operating Profit: Rs 81.20 crores, up 8.5% from Rs 74.86 crores
  • Other Income: Rs 10.19 crores (down from Rs 26.51 crores)
  • PBT: Rs 66.16 crores (down from Rs 81.52 crores)**
  • PAT: Rs 51.92 crores (down from Rs 60.09 crores)**
  • EPS (non-annualized): Rs 2.39 (down from Rs 2.76)

*Included in Advertisement Revenue

**Includes impairment of non-current assets in subsidiary & associate of Rs. 7.5 crores in Q4FY26 as against Rs. 3.6 crores in Q4FY25

Standalone Financial Performance (FY26 vs FY25)

Annual Revenue Performance

  • Operating Revenues: Rs 1647.24 crores, up 3.6% from Rs 1589.84 crores
  • Advertisement Revenues: Rs 1070.62 crores, up 4.2% from Rs 1027.25 crores
  • Circulation Revenues: Rs 318.99 crores (down from Rs 327.01 crores)
  • Other Operating Revenues: Rs 257.63 crores, up 9.4% from Rs 235.58 crores
  • Digital Revenue: Rs 77.29 crores, up 2.5% from Rs 75.44 crores*

Annual Profitability

  • Operating Profit: Rs 280.31 crores, up 1.5% from Rs 276.26 crores
  • Other Income: Rs 97.58 crores**, up 27.1% from Rs 76.77 crores
  • PBT: Rs 306.79 crores, up 6.6% from Rs 287.84 crores
  • PAT: Rs 237.41 crores, up 12.5% from Rs 211.12 crores***
  • EPS (non-annualized): Rs 10.91, up 12.5% from Rs 9.70

*Included in Advertisement Revenue

**Including Rs. 31.80 crores received from maturity proceeds of a Keyman policy

***Includes impairment of non-current assets in subsidiary & associate of Rs. 7.5 crores in FY26 as against Rs. 3.6 crores in FY25

Consolidated Financial Performance (Q4 FY26 vs Q4 FY25)

Revenue Breakdown

  • Operating Revenues: Rs 472.10 crores (down from Rs 481.00 crores)
  • Advertisement Revenues: Rs 283.63 crores, up 0.7% from Rs 281.61 crores*
  • Radio Revenues: Rs 40.65 crores (down from Rs 54.42 crores)
  • Circulation Revenues: Rs 81.62 crores (down from Rs 85.45 crores)
  • Other Operating Revenues: Rs 66.19 crores, up 11.2% from Rs 59.53 crores
  • Digital Revenue (print): Rs 19.91 crores (down from Rs 20.33 crores)**

Profitability Metrics

  • Operating Profit: Rs 83.46 crores, up 30.1% from Rs 64.13 crores
  • Other Income: Rs 13.39 crores (down from Rs 34.01 crores)
  • PBT: Rs 32.26 crores (improved from Rs -65.46 crores)
  • PAT: Rs 6.06 crores (improved from Rs -51.46 crores)***
  • EPS (non-annualized): Rs 0.78 (improved from Rs -0.72)

*Represents advertisement revenue from print and digital

**Included in Advertisement Revenue

***Includes impairment of non-current assets in subsidiaries & associate of Rs. 35.64 crores in Q4FY26 as against Rs. 130.35 crores in Q4FY25

Consolidated Financial Performance (FY26 vs FY25)

Annual Revenue Performance

  • Operating Revenues: Rs 1876.22 crores (down from Rs 1888.13 crores)
  • Advertisement Revenues: Rs 1114.88 crores, up 3.3% from Rs 1079.42 crores*
  • Radio Revenues: Rs 173.34 crores (down from Rs 233.47 crores)
  • Circulation Revenues: Rs 329.05 crores (down from Rs 338.02 crores)
  • Other Operating Revenues: Rs 258.95 crores, up 9.2% from Rs 237.23 crores
  • Digital Revenue (print): Rs 82.33 crores, up 1.7% from Rs 80.97 crores**

Annual Profitability

  • Operating Profit: Rs 285.26 crores (down from Rs 290.64 crores)
  • Other Income: Rs 123.23 crores***, up 17% from Rs 105.32 crores
  • PBT: Rs 267.11 crores, up 95.5% from Rs 136.61 crores
  • PAT: Rs 184.93 crores, up 96.9% from Rs 93.93 crores****
  • EPS (non-annualized): Rs 9.05, up 50.4% from Rs 6.02

*Represents advertisement revenue from print and digital

**Included in Advertisement Revenue

***Including Rs. 31.80 crores received from maturity proceeds of a Keyman policy

****Includes impairment of non-current assets in subsidiaries & associate of Rs. 35.64 crores in FY26 as against Rs. 130.35 crores in FY25

Segment-wise Operating Performance

| Segment | Q4FY26 Revenue | Q4FY26 Op Profit | Q4FY26 Margin | FY26 Revenue | FY26 Op Profit | FY26 Margin |

| Dainik Jagran* | Rs 299.77 cr | Rs 78.91 cr | 26.32% | Rs 1178.70 cr | Rs 269.62 cr | 22.87% |

| Other publications* | Rs 56.02 cr | Rs 2.81 cr | 5.01% | Rs 220.69 cr | Rs 5.64 cr | 2.56% |

| Radio | Rs 40.79 cr | Rs 1.51 cr | 3.70% | Rs 174.43 cr | Rs 4.57 cr | 2.62% |

| Digital (print) | Rs 19.91 cr | Rs -4.91 cr | -24.67% | Rs 82.33 cr | Rs -14.42 cr | -17.51% |

| Outdoor and Event | Rs 58.47 cr | Rs 3.12 cr | 5.33% | Rs 228.69 cr | Rs 15.99 cr | 6.99% |

*Excludes Digital

Music Broadcast Limited Performance Summary

| Metric | Q4FY26 | Q3FY26 | Q4FY25 | FY26 | FY25 |

| Operating Revenue | Rs 40.79 cr | Rs 46.48 cr | Rs 54.67 cr | Rs 174.43 cr | Rs 234.48 cr |

| Operating Profit | Rs 1.51 cr | Rs 7.61 cr | Rs -10.46 cr | Rs 4.57 cr | Rs 12.64 cr |

| Operating Margin | 3.70% | 16.37% | -19.14% | 2.62% | 5.39% |

| Other Income | Rs 4.56 cr | Rs 8.34 cr | Rs 7.01 cr | Rs 26.75 cr | Rs 26.86 cr |

| Depreciation | Rs 6.63 cr | Rs 6.81 cr | Rs 8.69 cr | Rs 27.56 cr | Rs 34.62 cr |

| Impairment | Rs 49.00 cr | - | Rs 34.93 cr | Rs 49.00 cr | Rs 34.93 cr |

| Interest | Rs 1.24 cr | Rs 3.05 cr | Rs 3.03 cr | Rs 10.41 cr | Rs 11.59 cr |

| PBT | Rs -50.80 cr | Rs 6.09 cr | Rs -50.10 cr | Rs -55.65 cr | Rs -41.64 cr |

| Tax | Rs -2.84 cr | Rs 2.41 cr | Rs -12.08 cr | Rs -2.33 cr | Rs -7.80 cr |

| PAT | Rs -47.96 cr | Rs 3.68 cr | Rs -38.02 cr | Rs -53.32 cr | Rs -33.84 cr |

Midday Infomedia Limited Performance Summary

| Metric | Q4FY26 | Q3FY26 | Q4FY25 | FY26 | FY25 |

| Operating Revenue | Rs 17.16 cr | Rs 15.47 cr | Rs 18.04 cr | Rs 67.73 cr | Rs 77.74 cr |

| Operating Profit/(Loss) | Rs -1.29 cr | Rs -1.33 cr | Rs -0.63 cr | Rs -3.48 cr | Rs 0.39 cr |

| Operating Margin | -8.94% | -10.33% | -3.84% | -6.13% | 0.60% |

| Other Income | Rs 0.67 cr | Rs 0.73 cr | Rs 0.85 cr | Rs 2.76 cr | Rs 3.04 cr |

| Depreciation | Rs 0.93 cr | Rs 0.88 cr | Rs 0.96 cr | Rs 3.57 cr | Rs 3.88 cr |

| Interest | Rs 0.18 cr | Rs 0.19 cr | Rs 0.21 cr | Rs 0.81 cr | Rs 1.00 cr |

| PBT | Rs -1.72 cr | Rs -1.67 cr | Rs -0.94 cr | Rs -5.10 cr | Rs -1.46 cr |

| Tax | Rs 11.90 cr* | Rs -0.09 cr | Rs -0.01 cr | Rs 11.71 cr | Rs 0.22 cr |

| PAT | Rs -13.62 cr | Rs -1.58 cr | Rs -0.93 cr | Rs -16.80 cr | Rs -1.68 cr |

*Due to writing off of deferred tax assets Rs. 11.40 crores recognized in earlier years

Awards and Recognitions

The Group received 96 awards during FY26 across various brands including Dainik Jagran (4 awards), Radio City (46 awards), Dainik Jagran Inext (4 awards), Midday (4 awards), Jagran Solutions (3 awards), Jagran New Media (30 awards), Jagran Production Team (1 award), and Jagran IT Team (4 awards).

Credit Rating

CRISIL has reaffirmed credit ratings: AA+ Stable for long and medium term and A1+ for short term for Jagran Prakashan Limited, A1+ for short term and AA/Stable for long term for Music Broadcast Limited, and AA(-)/stable for long term for Midday Infomedia Limited.

Business Overview

Jagran Prakashan Limited is a media conglomerate with interests in newspapers & magazines, FM Radio, Digital, Outdoor Advertising, Promotional Marketing, Event Management and Activation Businesses. The Group publishes 8 publications from 13 states/union territories in 5 different languages and operates 39 FM stations through its subsidiary Music Broadcast Limited.