D B Corp jumps after strong Q4 outcome

The company announced Q4 results during trading hours today, 16 May 2013.

Meanwhile, the S&P BSE Sensex was up 44.12 points or 0.22% at 20,257.08.

On BSE, 30,165 shares were traded in the counter as against average daily volume of 728 shares in the past two weeks.

The stock hit a high of Rs 250.50 and a low of Rs 235 so far during the day.

D B Corp's consolidated revenue from advertising rose 13% to Rs 297.50 crore in Q4 March 2013 over Q4 March 2012. Earnings before interest, taxation, depreciation and amortization (EBITDA) rose 23.3% YoY to Rs 103.10 crore in Q4 March 2013. Excluding other income, EBITDA rose 29.3% YoY in Q4 March 2013.

D B Corp's consolidated net profit rose 8% to Rs 218.10 crore on 9.5% growth in revenue to Rs 1613.70 crore in the year ended 31 March 2013 (FY 2013) over the year ended 31 March 2012 (FY 2012). Advertising revenue rose 7% to Rs 1207.50 crore in FY 2013 over FY 2012.

D B Corp is India's largest print media company that publishes 8 newspapers with 65 editions, 199 sub-editions in 4 multiple languages across 13 states in India. Its flagship newspaper brand 'Dainik Bhaskar' (in Hindi) was established since 1958.

 

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