Total income dropped 65.23 per cent to Rs 204.49 crore during the quarter under review, as against Rs 588.28 crore earlier.
The company had posted a PAT of Rs 70.37 crore during October-December quarter a year ago, Jagran Prakashan Ltd (JPL) said in a BSE filing.
The company had posted a consolidated profit after tax (PAT) of Rs 62.76 crore in January-March quarter a year ago, the publisher of leading Hindi daily Dainik Jagran said in a BSE filing.
The company had posted a profit after tax of Rs 88.74 crore during the same period of previous fiscal, Jagran Prakashan said in a BSE filing.
Apart from Dainik Jagran, the group's publications include Midday, Naiduniya, I-Next, City Plus and Punjabi Jagran.
KR Choksey has come out with its earning estimates on Media sector for the quarter ended September 2011. According to the research firm, Jagran Prakashan Ltd. September quarter net sales are expected to go down by 7% at Rs 283 crore, quarter-on-quarter, (QoQ) basis.
Media firm Jagran Prakashan Ltd (JPL) today said it has completed consolidation of the stakeholding of various promoters into a single holding company, Jagran Media Network Investment Pvt Ltd (JMNIPL).