The company also reported a consolidated profit (adjusted) of Rs 244.72 crore in the FY 15, an increase of 32.1 percent rise as compared to FY14.

Commenting on the company’s performance for the year ended March 31, 2015, Jagran Prakashan Limited CMD Mahendra Mohan Gupta said, “There are some challenges over growth in advertisement revenue but no increase in average newsprint cost and our ability to adjust swiftly to the environment, resulted in impressive growth in profit. The company has declared a dividend of Rs 3.50 per share for FY 15.”

The JPL CMD added, “Ministry of Information and Broadcasting has approved the acquisition of Radio City. Radio City's revenue increased by 30 percent in the FY ended March 31, 2015.”   

The JPL's operating revenue increased to Rs 1769.76 crore, advertisement revenue to Rs 1247.06 crore, operating profit to Rs 450.56 crore and profit after tax to Rs 308.09 crore with growth of 36.2 percent in the financial year 2014-15.

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