D. B. Corp. Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2015
January 22, 2016 at 12:25 pm IST
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D. B. Corp. Limited reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, on standalone basis, the company's net sales/income from operations was INR 5,776.80 million compared to INR 5,478.32 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,643.26 million compared to INR 1,624.43 million a year ago. Profit from ordinary activities before tax was INR 1,660.94 million compared to INR 1,621.02 million a year ago. Net profit was INR 1,075.47 million compared to INR 1,051.57 million a year ago. Diluted earnings per share after extraordinary items were INR 5.85 compared to INR 5.72 a year ago.
For the nine months, on standalone basis, the company's net sales/income from operations was INR 15,158.89 million compared to INR 15,020.11 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 3,572.43 million compared to INR 3,794.83 million a year ago. Profit from ordinary activities before tax was INR 3,662.72 million compared to INR 3,892.30 million a year ago. Net profit was INR 2,347.34 million compared to INR 2,525.36 million a year ago. Diluted earnings per share after extraordinary items were INR 12.76 compared to INR 13.74 a year ago.
For the quarter, on consolidated basis, the company's net sales/income from operations was INR 5,776.16 million compared to INR 5,478.32 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,635.77 million compared to INR 1,623.74 million a year ago. Profit from ordinary activities before tax was INR 1,068.26 million compared to INR 1,051.11 million a year ago. Net profit was INR 1,068.26 million compared to INR 1,051.11 million a year ago. Diluted earnings per share after extraordinary items were INR 5.81 compared to INR 5.72 a year ago.
For the nine months, on consolidated basis, the company's net sales/income from operations was INR 15,157.73 million compared to INR 15,020.11 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 3,548.30 million compared to INR 3,792.57 million a year ago. Profit from ordinary activities before tax was INR 2,323.96 million compared to INR 2,523.42 million a year ago. Net profit was INR 2,323.96 million compared to INR 2,523.42 million a year ago. Diluted earnings per share after extraordinary items were INR 13.73 compared to INR 13.73 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.