JAGRAN PRAKASHAN LIMITED

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30^TH JUNE, 2006

(Rs. in Lacs except per share data)

Quarter ended

Year ended

S.No.

Particulars

30^th June, 2006

(unaudited)

30^th June, 2005

(unaudited)

31^st March, 2006

(Audited)

1.

Net Sales/Income from operations

13667.69

11405.68

47816.30

2.

Other Income

571.79

15.20

534.95

3.

Total Expenditure

      10224.90

10139.44

40700.89

a.

Increase/(decrease) in stock in trade

1.34

1.04

(1.93)

b.

Consumption of raw materials

5219.73

5617.43

     22385.42

c.

Staff Cost

1659.87

       1309.12

5669.11

d.

Other expenditure

        3343.96

3211.85

12648.29

4.

Interest

171.91

         226.63

761.09

5.

Depreciation

479.17

407.99

       2012.06

6.

Profit(+)/Loss(-) before Tax(1+2-3-4-5)

3363.50

646.82

4877.21

7.

Provision for Taxation *

1074.00

217.50

       1490.63

8.

Profit Before extra-ordinary item

        2289.50

429.32

3386.58

9.

Less: Extra-ordinary item (Net of Tax)

              0.00

0.00

216.57

10.

Net Profit

        2289.50

429.32

3170.01

11.

Paid-up Equity Share Capital

        5019.51

1235.57

5019.51

(Face Value of Rs.10/- each)

12

Reserves excluding Revaluation Reserves

45943.11

17060.15

43653.60

13

Basic and diluted EPS before

extra-ordinary item

4.56

1.13

8.29

14

Basic and diluted EPS after

extra-ordinary item

4.56

1.13

7.76

15

Dividend Per Share(Face Value  Rs. 10/-each)

Interim Dividend

-

-

                        5.00

Final Dividend

-

-

-

Total Dividend Percentage (%)

-

-

50.00

*

Includes Deferred and Fringe Benefit Tax

1-. The above unaudited financial results were reviewed by the Audit Committee and taken on record by the Board of Directors at their meeting held on July 29, 2006.

2- The Company is primarily engaged in the business of Printing and Publishing Newspaper and Periodicals and there are no other reportable segments as per Accounting Standard 17 on Segment Reporting.

3- There is no qualification of Auditors except the one regarding non- amortization of the value of title "Dainik Jagran" which in the opinion of management is not required to be amortized in view of its life being infinite and residual value being much higher than its cost.

4- No. of investor complaints/queries outstanding at the beginning of the quarter was 11, no. of complaints/queries received and disposed off during the quarter were 490 and 495 respectively and outstanding no. of complaints/queries at the end of the quarter was 6.

5- Utilisation of IPO Proceeds: Out of unspent amount of Rs. 301.46 Crores, an amount of Rs. 11.12 crores has been spent in terms of the Objects of the issue, amount of Rs. 2.71 crores has been deposited as refundable security with BSE and remaining balance Rs. 287.63 crores is temporarily invested as indicated in the Prospectus.

6- The Board has recommended issue of one Bonus Share for every five existing Equity Shares.

By the Order of the Board
For Jagran Prakashan Limited

(Mahendra Mohan Gupta)
Chairman & Managing Director
Date: July 29, 2006
Place: Kanpur