D. B. Corp Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 5,309.57 million compared to INR 4,719.67 million a year ago. Revenue was INR 5,446.32 million compared to INR 4,798.52 million a year ago. Net income was INR 410.29 million compared to INR 245.24 million a year ago. Basic earnings per share from continuing operations was INR 2.31 compared to INR 1.39 a year ago. Diluted earnings per share from continuing operations was INR 2.3 compared to INR 1.38 a year ago.
For the full year, sales was INR 21,292.17 million compared to INR 17,685.42 million a year ago. Revenue was INR 21,682.46 million compared to INR 17,885.4 million a year ago. Net income was INR 1,690.85 million compared to INR 1,425.59 million a year ago. Basic earnings per share from continuing operations was INR 9.53 compared to INR 8.12 a year ago. Diluted earnings per share from continuing operations was INR 9.52 compared to INR 8.09 a year ago.
D.B. Corp Limited is an India-based print media company. The Company operates through two segments: Printing / publishing and allied business segment, which includes newspaper, magazines, printing job work, internet and mobile interactive services, and others, and Radio segment, which includes broadcasting of radio. The Company publishes five newspapers with Dainik Bhaskar 43 editions, Divya Bhaskar 8 editions & Divya Marathi six editions with 210 sub-editions in three multiple languages (Hindi, Gujarati, and Marathi) across 12 states in India. It operates radio segment through the brand 94.3 MY frequency modulation (FM) radio station with presence in seven states and 30 cities. The Digital business includes the Websites dainikbhaskar.com, divyabhaskar.com, divyamarathi.com, homeonline.com, bhaskarad.com, and moneybhaskar.com. The Companyâs newspaper brands are Saurashtra Samachar, and DB Star.
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