Jagran Prakashan Limited - JAGRAN company reported standalone financials in the quarter and has not shared the detailed consolidated financials owing to pending approvals. However, some key consolidated figures have been shared, which have been used here for analysis .Ad revenues (ex-radio) continued to remain healthy with 10.7% YoY growth to | 355.3 crore, higher than our expectations of 9.5% YoY growth. The company posted industry leading growth in the radio segment with revenues at | 55.9 crore, up 19.0% YoY and higher than our expectations of 16.0% YoY growth. Circulation revenues also came in better than expectations at | 107.0 crore, up 6.5% YoY. ICICI Securities Limited maintain BUY with a revised target price of | 220 arrived via SOTP method.