Db Corp

DB Corp net profits surge 50% YoY in June quarter; stock hits 52-week high

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

DB Corp Q4 results: Net profit rises nearly three-fold to Rs 122.52 cr

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

Print media multibagger stock hits 5-yr high; has zoomed 112% in 3 mths

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

Print media shares in focus; DB Corp, HT Media, Jagran rally up to 18%

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.

DB Corp reports 2.5-fold rise in net profit to Rs 78.75 cr in Q1FY24

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 ...

DB Corp Q4 results: Net profit up 67.3% to Rs 41 cr, revenue up 12.5%

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

Stocks to watch: PSU banks, ACC, DB Corp, L&T Infotech, Wipro, Mindtree

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DB Corp reports 11% dip in Q1 net to Rs 975.6 mn on forex loss of Rs 31 mn

The company's advertising revenue grew by 5% to Rs 4.54 billion in the June quarter

Shareholders of DB Corp approve Rs 3.13-billion buyback plan

The company had earlier said the buyback would be subject to approval of the shareholders

DB Corp net profit rises 6.64% to Rs 118 crore in Q3 of 2016

The company had posted a net profit of Rs 110.74 crore in the Oct-Dec period of 2015-16

D B Corp Q1 net profit jumps 62% to Rs 104 crore

Company publishes seven newspapers and operates 'My FM' radio station in 17 cities

DB Corp Q4 net profit flat at Rs 64 crore

Its net sales on consolidated basis rose 6.02% to Rs 505.92 cr in the same quarter of FY16