D. B. Corp Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 18, 2018 at 01:25 am EST
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D. B. Corp. Limited announced unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, on standalone basis, the company reported revenue from operations of INR 5,985.83 million against INR 6,270.21 million a year ago. Profit before exceptional items and tax was INR 1,191.16 million against INR 1,775.97 million a year ago. Profit before tax was INR 1,191.16 million against INR 1,775.97 million a year ago. Net profit was INR 781.33 million or INR 4.22 per diluted share against INR 1,186.26 million or INR 6.44 per diluted share a year ago.
For the nine months, on standalone basis, the company reported revenue from operations of INR 17,611.98 million against INR 17,405.02 million a year ago. Profit before exceptional items and tax was INR 4,098.16 million against INR 4,729.67 million a year ago. Profit before tax was INR 4,098.16 million against INR 4,729.67 million a year ago. Net profit was INR 2,670.93 million or INR 14.48 per diluted share against INR 3,131.42 million or INR 16.81 per diluted share a year ago.
For the quarter, on consolidated basis, the company reported revenue from operations of INR 5,985.83 million against INR 6,272.70 million a year ago. Profit before exceptional items and tax was INR 1,190.92 million against INR 1,770.71 million a year ago. Profit before tax was INR 1,190.92 million against INR 1,770.71 million a year ago. Net profit was INR 781.09 million or INR 4.22 per diluted share against INR 1,181.00 million or INR 6.41 per diluted share a year ago. Total revenue was INR 6,025 million against INR 6,309 million for the same period a year ago. EBITDA was INR 1,434 million against INR 2,019 million a year ago.
For the nine months, on consolidated basis, the company reported revenue from operations of INR 17,612.05 million against INR 17,408.98 million a year ago. Profit before exceptional items and tax was INR 4,096.02 million against INR 4,703.96 million a year ago. Profit before tax was INR 4,096.02 million against INR 4,703.96 million a year ago. Net profit was INR 2,668.79 million or INR 14.47 per diluted share against INR 3,105.71 million or INR 16.67 per diluted share a year ago. Total revenue grew by 1.4% year-on-year to INR 17,778 million against INR 17,528 million for the same period a year ago. EBITDA was INR 4,824 million against INR 5,418 million a year ago.
D.B. Corp Limited is an India-based print media company, which is engaged in the sale of newspapers and magazines, and advertisement revenue. The Company also has a presence in the radio and digital sectors. The Company's principal business activities include print, radio, and digital. The Print Business includes newspaper, magazines and printing job work. Its Magazines & Supplements include Aha! Zindagi, Bal Bhaskar, Young Bhaskar, Madhurima, Navrang, Kalash, Dharmdarshan, Rasik and Lakshya. The Radio Business includes the broadcasting of radio 94.3 my Frequency modulation (FM). Its brands in publishing business include Dainik Bhaskar (Hindi daily), Divya Bhaskar and Saurashtra Samachar (Gujarati dailies), Divya Marathi (Marathi daily) and DB Star. The Digital business includes the Websites dainikbhaskar.com, divyabhaskar.com, divyamarathi.com, homeonline.com, and moneybhaskar.com.