DB Corp Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2012
May 04, 2012 at 10:13 am EDT
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DB Corp. Limited announced unaudited consolidated and standalone earnings results for the fourth quarter and full year ended March 31, 2012. For the quarter, on standalone basis, the company reported net sales of INR 3,229.77 million compared with INR 3,025.25 million for the same period a year ago. Profit from operations before other income, interest and exceptional items was INR 649.17 million compared with INR 696.29 million for the same period a year ago. Profit from operating activities before tax was INR 702.58 million compared with INR 701.42 million for the same period a year ago. Net profit was INR 473.39 million or INR 2.58 per basic and diluted share compared with net profit of INR 467.66 million or INR 2.58 per basic and diluted share for the same period a year ago. EBIDITA before pre-opex was INR 791 million. EBIDITA after pre-opex was INR 778 million.
For the year, on standalone basis, the company reported net sales of INR 13,639.44 million compared with INR 12,184.34 million for the same period a year ago. Profit from operations before other income, interest and exceptional items was INR 3,103.26 million compared with INR 3,657.60 million for the same period a year ago. Profit from operating activities before tax was INR 3,061.45 million compared with INR 3,669.74 million for the same period a year ago. Net profit was INR 2,082.05 million or INR 11.34 per diluted share compared with net profit of INR 2,673.22 million or INR 14.70 per diluted share for the same period a year ago.
For the quarter, on consolidated basis, the company reported net sales of INR 3,253.46 million compared with INR 3,031.20 million for the same period a year ago. Profit from operations before other income, interest and exceptional items was INR 627.33 million compared with INR 684.62 million for the same period a year ago. Profit from operating activities before tax was INR 680.83 million compared with INR 686.81 million for the same period a year ago. Net profit was INR 452.16 million or INR 2.47 per diluted share compared with net profit of INR 449.97 million or INR 2.47 per diluted share for the same period a year ago.
For the year, on consolidated basis, the company reported net sales of INR 13,713.10 million compared with INR 12,195.64 million for the same period a year ago. Profit from operations before other income, interest and exceptional items was INR 3,044.61 million compared with INR 3,598.31 million for the same period a year ago. Profit from operating activities before tax was INR 3,004.54 million compared with INR 3,587.04 million for the same period a year ago. Net profit was INR 2,021.11 million or INR 11.01 per diluted share compared with net profit of INR 2,584.77 million or INR 14.22 per diluted share for the same period 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.