D. B. Corp Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 19, 2023 at 03:06 am EDT
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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, 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.