D. B. Corp Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018
January 23, 2019 at 03:44 am EST
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D. B. Corp. Limited announced earnings results for the third quarter and nine months ended December 31, 2018. For the third quarter, the company announced sales was INR 6,597.07 million compared to INR 5,926.41 million a year ago. Net income was INR 756.27 million compared to INR 781.09 million a year ago. Basic earnings per share was INR 4.32 compared to INR 4.25 a year ago. Diluted earnings per share was INR 4.32 compared to INR 4.24 a year ago.
For the nine months, sales was INR 18,741.79 million compared to INR 17,508.9 million a year ago. Net income was INR 2,193.83 million compared to INR 2,668.79 million a year ago. Basic earnings per share was INR 12.19 compared to INR 14.51 a year ago. Diluted earnings per share was INR 12.18 compared to INR 14.48 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 
