Jagran Prakashan Limited's Board of Directors, at its meeting held on May 24, 2025, considered and approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2025. Key decisions and financial highlights include:
- The Board approved an interim dividend of ₹6 per equity share (300%) on the face value of ₹2 each for the financial year 2024-25, applicable to 26,36,54,272 fully paid-up equity shares.
- The Record Date for determining eligible shareholders for the interim dividend is Friday, May 30, 2025. The dividend payment will be made on or before June 23, 2025.
- For the standalone financial year ended March 31, 2025, the company reported revenue from operations of ₹1,58,983.96 lakhs. The profit for the period stood at ₹20,939.23 lakhs, with basic and diluted earnings per share (EPS) at ₹9.70.
- An impairment loss of ₹360.44 lakhs was recorded for the investment in Midday Infomedia Limited.
- M/s Adesh Tandon & Associates were appointed as the Secretarial Auditor for five consecutive years, effective from April 1, 2025, to March 31, 2030, subject to approval from members at the ensuing Annual General Meeting.
- The company also noted a pending petition under Sections 241, 242, and 244 of the Companies Act, 2013, filed by certain promoter and promoter group members. The management currently does not anticipate any adverse impact on the company's financial position. It was also highlighted that the company currently does not have a managing director, following the completion of Mr. Mahendra Mohan Gupta's term on September 30, 2023.