Media house DB Corp Ltd on Thursday reported a decline of 57.3 per cent in its consolidated net profit to Rs 52.33 crore for the March quarter of FY25. The company had posted a net profit of Rs 122.52 crore in the same quarter a year ago, according to a regulatory filing from DB Corp. Its revenue from operations fell 11.25 per cent to Rs 547.65 crore in the March quarter, down from Rs 617.13 crore in the corresponding period of the previous fiscal. For the financial year which ended on March 31, 2025, DB Corp's net profit was down 12.8 per cent to Rs 370.98 crorefrom Rs 425.52 crore in FY24. Its total consolidated income in FY25 stood at Rs 2,421.20 crore, down 2.45 per cent year-on-year. DB Corp is one of the largest print media companies and published five newspapers - Dainik Bhaskar, Divya Bhaskar, Divya Marathi, Saurashtra Samachar and DB Star. It also owns 94.3 MY FM Radio station. Shares of DB Corp Ltd were on Thursday settled at Rs 222.95 on BSE, down 15.10 per cent from i
Media house DB Corp Ltd on Thursday reported 4.65 per cent decline in consolidated net profit at Rs 118.21 crore for the third quarter ended December 2024. The company had posted a profit of Rs 123.97 crore for the October-December period a year ago, according to a regulatory filing from DB Corp. Revenue from operations was marginally down to Rs 642.65 crore from Rs 644.71 crore. Total expenses were Rs 495.58 crore as against Rs 497.38 crore earlier. Revenue from Printing, Publishing and Allied business was down marginally to Rs 594.17 crore in the quarter. However, revenue from the radio business was up 5.47 per cent at Rs 48.64 crore. Total income of DB Corp, which includes other income, was down 1.37 per cent to Rs 655.64 crore in the quarter. Meanwhile, in a separate filing, DB Corp informed about management changes. It has appointed Runit Kishor Shah as an Additional Director and Vijay Kumar TV as Chief Operating Officer in Ad sales. DB Corp is one of the largest print med
The share price gained after the print media firm reported a strong performance in the first quarter ending June 30, 2024, with a 49.68 per cent year-on-year (Y-o-Y) increase in net profit
Media house DB Corp Ltd on Wednesday reported a nearly three-fold jump in consolidated net profit at Rs 122.52 crore for the fourth quarter ended March 31, helped by a broad-based growth across verticals. The company had posted a consolidated net profit of Rs 41.02 crore in the January-March quarter a year ago, DB Corp said in a regulatory filing. Its revenue from operations was up 16.23 per cent to Rs 617.13 crore during the quarter under review. It was at Rs 530.95 crore in the corresponding period of the previous fiscal. The company said its total expenses in the March quarter was at Rs 480.23 crore, down 2.2 per cent. Its revenue from "printing, publishing and allied business" was up 15.42 per cent to Rs 576.28 crore in the March quarter of financial year 2023-24. While revenue from the radio business was at Rs 41.15 crore, up 29.28 per cent. "On a quarterly basis, Q4 FY24 saw broad-based growth for the 11th quarter in a row with 24.6 per cent growth in advertisement revenue
Shares of DB Corp were locked in the upper circuit of 10% at Rs 255.30, its highest level since May 2018 on the BSE on Wednesday on expectation of a steady revenue growth in FY24
The print sector has been on the uptrend over the past few months and this is likely to continue on the back of strong advertising revenues, driven by elections, government spending etc.
Media firm DB Corp Ltd on Thursday reported over two-and-half-fold jump in consolidated net profit at Rs 78.75 crore in the first quarter ended June 30, 2023 riding on robust advertising revenue growth. The company had posted a consolidated net profit of Rs 31 crore in the same period last fiscal, DB Corp said in a regulatory filing. Consolidated total income during the period under review stood at Rs 573.6 crore, as compared to Rs 499.38 crore in the corresponding quarter last fiscal, it added. Total expenses in the first quarter were at Rs 469.97 crore, as against Rs 457.3 crore in the same period a year ago. The company, which publishes newspapers including Dainik Bhaskar, Divya Bhaskar, Divya Marathi and Saurashtra Samachar, said the resurgence in print media continues to dominate all forms of media as the most trusted source of news, and this resurgence has resulted in a strong fillip as advertisers look for the best avenue for their marketing spends. "Print advertisement ...
Media house DB Corp Ltd on Friday reported an increase of 67.3 per cent in its consolidated net profit at Rs 41.02 crore for the fourth quarter ended March 31, 2023. The company had posted a consolidated net profit of Rs 24.52 crore in the January-March quarter a year ago, DB Corp said in a regulatory filing. Its revenue from operations was up 12.5 per cent to Rs 530.95 crore during the quarter under review, as against Rs 471.96 crore in the corresponding period of the previous fiscal. DB Corp's total expenses were at Rs 491 crore, up 10 per cent in Q4/FY23, as against Rs 446.38 crore. The total income of DB Corp in the March quarter was at Rs 544.63 crore, up 13.5 per cent. Its revenue from Printing, Publishing and allied business was up 12.92 per cent to Rs 499.28 crore, during the quarter as against Rs 418.45 crore of the corresponding period. Revenue from the radio business was at Rs 31.8 crore, up 6.24 per cent, as against Rs 28.65 crore of Q2/FY22. For fiscal 2023, DB Corp
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The company's advertising revenue grew by 5% to Rs 4.54 billion in the June quarter
The company had earlier said the buyback would be subject to approval of the shareholders
The company had posted a net profit of Rs 110.74 crore in the Oct-Dec period of 2015-16
Company publishes seven newspapers and operates 'My FM' radio station in 17 cities
Its net sales on consolidated basis rose 6.02% to Rs 505.92 cr in the same quarter of FY16