D. B. Corp Limited Reports Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Consolidated Earnings Results for the Nine Months Ended December 31, 2013
January 16, 2014 at 04:01 am EST
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D. B. Corp. Limited reported unaudited consolidated and standalone earnings results for the third quarter and consolidated earnings results for the nine months ended December 31, 2013. For the quarter, on standalone basis, net sales/income from operations was INR 4,820.14 million compared to INR 4,104.27 million a year ago. Total income from operation was INR 5,129.43 million compared to INR 4,345.87 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 1,394.01 million compared to INR 1,061.79 million a year ago. Profit from ordinary activates before tax was INR 1,454.56 million compared to INR 1,076.85 million a year ago. Net profit from ordinary activates after tax was INR 948.31 million or INR 5.16 diluted per share before and after extraordinary items compared to INR 725.51 million or INR 3.95 diluted per share before and after extraordinary items a year ago.
For the nine months, on standalone basis, net sales/income from operations was INR 13,081.24 million compared to INR 11,091.02 million a year ago. Total income from operation was INR 13,931.63 million compared to INR 11,828.66 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 3,534.08 million compared to INR 2,468.93 million a year ago. Profit from ordinary activates before tax was INR 3,629.73 million compared to INR 2,512.03 million a year ago. Net profit from ordinary activates after tax was INR 2,361.05 million or INR 12.86 diluted per share before and after extraordinary items compared to INR 1,688.13 million or INR 9.20 diluted per share before and after extraordinary items a year ago.
For the quarter, on consolidated basis, net sales/income from operations was INR 4,865.74 million compared to INR 4,144.23 million a year ago. Total income from operation was INR 5,182.00 million compared to INR 4,388.82 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 1,389.90 million compared to INR 1,047.27 million a year ago. Profit from ordinary activates before tax was INR 1,450.86 million compared to INR 1,060.32 million a year ago. Net profit from ordinary activates after tax was INR 944.61 million or INR 5.14 diluted per share before and after extraordinary items compared to INR 707.86 million or INR 3.85 diluted per share before and after extraordinary items a year ago.
For the nine months, on standalone basis, net sales/income from operations was INR 13,180.89 million compared to INR 11,194.81 million a year ago. Total income from operation was INR 14,055.90 million compared to INR 11,942.18 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 3,478.93 million compared to INR 2,415.26 million a year ago. Profit from ordinary activates before tax was INR 3,575.75 million compared to INR 2,454.65 million a year ago. Net profit from ordinary activates after tax was INR 2,307.07 million or INR 12.56 diluted per share before and after extraordinary items compared to INR 1,629.58 million or INR 8.87 diluted per share before and after extraordinary items 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 Reports Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Consolidated Earnings Results for the Nine Months Ended December 31, 2013