During the quarter advertising revenues reported growth of 9% YoY to Rs. 3740 million in current period from Rs. 3433 million in Q2 of last fiscal, while circulation revenue has increased 11.5% YOY to Rs. 1179 million from Rs. 1057 million, primarily due to yield driven growth, largely growth has come from mature market
Dainik Bhaskar Group has launched the fourth edition of Dainik Divya Marathi from Ahmednagar last week. After the launch of the Aurangabad, Nasik and Jalgaon editions within a period of six months, Dainik Divya Marathi has now expanded to four cities in Maharashtra.
DB Corp Ltd has reported a net profit of Rs 45 crore in Q4 FY11, up 22.4 per cent from Rs 36.7 crore on a year-on-year basis. The media company has registered a strong performance in advertising revenues, which grew by 30.6 per cent to Rs 249.0 crore from Rs 190.7 crore on a consolidated basis.