DB Corp reports advertising revenue of Rs 1233.8 crore for 9M FY2019

The company’s circulation revenue stands at Rs 392.1 crore

e4m by exchange4media Staff
Updated: Jan 23, 2020 3:03 PM
D B Corp

DB Corp Limited (DBCL), the print media company and home to flagship newspapers - Dainik Bhaskar, Divya Bhaskar, Divya Marathi and Saurashtra Samachar, has announced its financial results for the quarter and nine months ended December 31, 2019.

The company reported a PAT growth of 14.4% to Rs 25.09 crore (margin of 14.4%). EBIDTA registered a growth of 2.6% YOY to Rs 424.9 crore (margin of 24%) as against Rs 414.2 crore (margin of 22%) in 9M FY2019.

The operating profit margin expansion is ably assisted by softened newsprint prices at Rs 38,158 PMT in Q3 FY2020, down 16% YOY.

It’s Circulation Revenue stood at Rs 392.1 crore as against Rs 396.4 crore in 9M FY2019.

The Advertising Revenue stood at Rs 1233.8 crore as against Rs 1349.4 crore in 9M FY2019.

The Total Revenue came in at Rs 1746.5 crore as against Rs 1888.3 crore in 9M FY2019.

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