D. B. Corp. Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Second Quarter and First Six Months Ended September 30, 2015
October 15, 2015 at 03:04 am EDT
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D. B. Corp. Limited reported unaudited standalone and consolidated earnings results for the second quarter and first six months ended September 30, 2015. For the quarter, on standalone basis, the company's net sales/income from operations was INR 4,717.22 million compared to INR 4,720.10 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 911.65 million compared to INR 1,027.07 million a year ago. Profit from ordinary activities before tax was INR 937.63 million compared to INR 1,048.69 million a year ago. Net profit was INR 600.64 million compared to INR 681.27 million a year ago. Diluted earnings per share after extraordinary items were INR 3.27 compared to INR 3.71 a year ago.
For the first six months, on standalone basis, the company's net sales/income from operations was INR 9,382.09 million compared to INR 9,541.79 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,929.17 million compared to INR 2,170.40 million a year ago. Profit from ordinary activities before tax was INR 2,001.78 million compared to INR 2,271.27 million a year ago. Net profit was INR 1,271.87 million compared to INR 1,473.79 million a year ago. Diluted earnings per share after extraordinary items were INR 6.92 compared to INR 8.02 a year ago.
For the quarter, on consolidated basis, the company's net sales/income from operations was INR 4,717.01 million compared to INR 4,720.98 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 901.94 million compared to INR 1,026.77 million a year ago. Profit from ordinary activities before tax was INR 928.15 million compared to INR 1,048.48 million a year ago. Net profit was INR 591.16 million compared to INR 681.06 million a year ago. Diluted earnings per share after extraordinary items were INR 3.21 compared to INR 3.71 a year ago.
For the first six months, on consolidated basis, the company's net sales/income from operations was INR 9,381.57 million compared to INR 9,541.79 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,912.53 million compared to INR 2,168.85 million a year ago. Profit from ordinary activities before tax was INR 1,985.61 million compared to INR 2,269.81 million a year ago. Net profit was INR 1,255.70 million compared to INR 1,472.33 million a year ago. Diluted earnings per share after extraordinary items were INR 6.83 compared to INR 8.01 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 Standalone and Consolidated Earnings Results for the Second Quarter and First Six Months Ended September 30, 2015