Regional print media to grow 8-9% from ad revenue, lower costs: CRISIL

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Regional print media to grow 8-9% from ad revenue, lower costs: CRISIL - Business Standard

Quick Summary:

Subscription revenue is expected to see a modest growth of 2-4 per cent this financial year.

Subscription revenue, accounting for about 25 per cent of the sector’s revenue, continues to show resilience, highlighting the enduring appeal of vernacular print media in India.

This, along with projected revenue growth, is anticipated to further expand profit margins by approximately 200 basis points to a healthy 20-22 per cent this fiscal year,” Kedia further explained.