D B Corp : Q4FY17 Result
Nidhi Jani / 18 May 2017
It reported PAT of Rs. 64.2 crore which represents a sequential QoQ decline of 45.7 per cent and a YoY increase of 6.21 per cent.
D B Corp reported its results for the quarter ended March 31, 2017 on Thursday.
Total sales for this quarter, Q4FY17 came in at Rs. 508.39 crore. This represents a 16.23 per cent sequential decline and 0.48 per cent YoY increase. Its circulation revenue and advertising revenue grew by 11% and 8% yoy respectively.
Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 81.7 crore and the EBIT margin stood at 16.1 per cent.
It reported PAT of Rs. 64.2 crore which represents a sequential QoQ decline of 45.7 per cent and a YoY increase of 6.21 per cent.
Today, the stock opened at Rs. 370 and touched an intra-day high of Rs. 377.75 on BSE.
D B Corp Ltd is engaged in printing and publication of newspaper in three languages across 13 states. It is also engaged in radio business across 7 states and 17 cities along with web presence in India. Its flagship newspapers are Dainik Bhaskar, Divya Bhaskar and Saurashtra Samachar.
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