D. B. Corp Limited Reports Earnings Results for the Third Quarter Ended December 31, 2019
January 23, 2020 at 02:21 am EST
Share
D. B. Corp. Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 6,018.33 million compared to INR 6,616.37 million a year ago. Net income was INR 816.26 million compared to INR 756.27 million a year ago. Basic earnings per share was INR 4.67 compared to INR 4.32 a year ago. Diluted earnings per share was INR 4.66 compared to INR 4.32 a year ago. For the nine months, total revenue was INR 17,465.55 million compared to INR 18,883.03 million a year ago. Net income was INR 2,509.25 million compared to INR 2,193.83 million a year ago. Basic earnings per share was INR 14.34 compared to INR 12.19 a year ago. Diluted earnings per share was INR 14.33 compared to INR 12.18 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.
D. B. CORP LIMITED 
