Latest news with #D.B.Corp
Business Standard
4 days ago
- Business
- Business Standard
DB Corp slides as Q1 PAT tanks 53% YoY to Rs 81 crore
DB Corp (DBCL) tanked 2.06% to Rs 206.80 after the company reported 52.96% fall in consolidated net profit to Rs 80.84 crore on a 5.15% decline in total revenue to Rs 559.45 crore in Q1 FY26 over Q1 FY25. Profit before tax was Rs 107.61 crore in the first quarter of FY26, down 31.61% year on year. Advertising Revenue stands at Rs 397.80 crore in Q1 FY26 as against Rs 427.70 crore in Q1 FY25, down 6.99%. Circulation revenue stands rose 0.92% year on year to Rs 120.30 crore in Q1 FY26. EBIDTA tanked 27.50% to Rs 138.40 crore in Q1 FY26 as against Rs 190.90 crore posted in Q1 FY25. In the Radio business, Advertising revenue increased by 1.03% YoY to Rs 39.20 crore posted in Q1 FY26 as against Rs 38.80 crore in Q1 FY25. EBIDTA tumbled 12.87% YoY to Rs 11.50 crore in Q1 FY26 as against Rs 13.20 crore in Q1 FY25. Sudhir Agarwal, Managing Director, DB Corp, said, Despite a high base effect from last years general elections, which had driven a temporary surge in advertising revenues, our core performance remained steady supported by stable advertising trends, soft newsprint prices, and disciplined cost structures. Our digital business continues to scale rapidly, with Monthly Active Users reaching the 22 million mark this quarter reinforcing our position as Indias leading Indian language news app platform. We believe the Governments continued focus on enhancing disposable incomes through income tax rationalisation, softening of interest rates, and the anticipated implementation of the 8th Pay Commission later this fiscal, will further stimulate economic activity, particularly across Tier II and beyond markets. This is expected to provide a strong tailwind to Bharats consumption story. Backed by our deep editorial strength, hyperlocal relevance, and continuous product innovation, we remain confident in our ability to drive sustainable growth across both print and digital platforms, while delivering long-term value to all stakeholders. Meanwhile, the companys board of directors has declared an interim dividend of Rs 5 per equity share of face value Rs 10 each. D.B. Corp is engaged in the business of publishing newspapers, radio broadcasting, providing integrated internet and mobile interactive services and event management. Its major brands include Dainik Bhaskar (Hindi daily), Divya Bhaskar and Saurashtra Samachar (Gujarat daily) and Divya Marathi (Marathi daily).
Business Standard
08-05-2025
- Business
- Business Standard
DB Corp slumps as Q4 PAT tanks 57% YoY to Rs 52 crore
DB Corp (DBCL) tanked 6.34% to Rs 222.95 after the company reported 57.29% fall in consolidated net profit to Rs 52.33 crore on an 11.25% decline in total revenue to Rs 547.66 crore in Q4 FY25 over Q4 FY24. Profit before tax was Rs 70.78 crore in the fourth quarter of FY25, down 56.17% year on year. Advertising Revenue stands at Rs 384.10 crore in Q4 FY25 as against Rs 445.70 crore in Q4 FY24, down 13.82%, due to high base of last year. Circulation revenue declined 1.26% Rs 117.20 crore in Q4 FY25 as against Rs 118.70 crore in Q4 FY24. EBIDTA tanked 48.29% to Rs 101.70 crore in Q4 FY25 as against Rs 196.70 crore posted in Q4 FY24. In the Radio business, Advertising revenue declined by 8.73% YoY at Rs 37.60 crore in Q4 FY25 versus Rs 41.20 crore in Q4 FY24. EBIDTA tumbled 25.69% YoY to Rs 10.70 crore in Q4 FY25 as against Rs 14.40 crore in Q4 FY24. Commenting on the performance for Q4FY25, Sudhir Agarwal, Managing Director, DB Corp Ltd said, Our full year results show a modest slowdown after three years of impressive growth trajectory, primarily due to comparison with last year's election-driven fourth quarter surge and a cautious stance by advertisers in the fourth quarter. The standout achievement this quarter has been our rising circulation numbers, which validates the enduring power of print media and gives us optimism for the quarters ahead. Our digital ecosystem continues to gain momentum, solidifying our integrated leadership across all platforms. While global economic uncertainties linger, we expect India's robust consumption-driven growth to continue in the near to medium term on the back of certain positive triggers like Income Tax benefit, implementation of the 8th Pay Commission and likelihood of a Normal Monsoon. We continue to remain focused on strengthening our market position and pursuing meaningful opportunities for expansion and innovation. D.B. Corp is engaged in the business of publishing newspapers, radio broadcasting, providing integrated internet and mobile interactive services and event management. Its major brands include Dainik Bhaskar (Hindi daily), Divya Bhaskar and Saurashtra Samachar (Gujarat daily) and Divya Marathi (Marathi daily).
