D. B. Corp. Limited Reports Audited Standalone and Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2016
May 20, 2016 at 04:08 am
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D. B. Corp. Limited reported audited standalone and consolidated earnings results for the fourth quarter and full year ended March 31, 2016. For the quarter, on standalone basis, the company's net sales/income from operations was INR 5,059.82 million compared to INR 4,775.39 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 930.41 million compared to INR 953.09 million a year ago. Profit from ordinary activities before tax was INR 1,029.60 million compared to INR 1,036.63 million a year ago. Net profit was INR 655.14 million compared to INR 644.42 million a year ago. Diluted earnings per share after extraordinary items were INR 3.56 compared to INR 3.50 a year ago.
For the full year, on standalone basis, the company's net sales/income from operations was INR 20,218.71 million compared to INR 19,795.50 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 4,502.84 million compared to INR 4,747.92 million a year ago. Profit from ordinary activities before tax was INR 4,692.32 million compared to INR 4,928.93 million a year ago. Net profit was INR 3,002.48 million compared to INR 3,169.78 million a year ago. Diluted earnings per share after extraordinary items were INR 16.32 compared to INR 17.24 a year ago.
For the quarter, on consolidated basis, the company's net sales/income from operations was INR 5,059.52 million compared to INR 4,771.71 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 919.34 million compared to INR 948.51 million a year ago. Profit from ordinary activities before tax was INR 1,017.23 million compared to INR 1,032.24 million a year ago. Net profit was INR 642.42 million compared to INR 639.98 million a year ago. Diluted earnings per share after extraordinary items were INR 3.49 compared to INR 3.48 a year ago. EBIDTA stands at INR 1.26 billion, with EBIDTA margin of 24%.
For the full year, on consolidated basis, the company's net sales/income from operations was INR 20,217.25 million compared to INR 19,791.82 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 4,467.64 million compared to INR 4,741.08 million a year ago. Profit from ordinary activities before tax was INR 4,656.57 million compared to INR 4,922.60 million a year ago. Net profit was INR 2,966.38 million compared to INR 3,163.40 million a year ago. Diluted earnings per share after extraordinary items were INR 16.12 compared to INR 17.21 a year ago. Ad revenues for the period were INR 14.8 billion compared with INR 15.2 billion, and consolidated EBIDTA stood at INR 5.6 billion, with margins of around 27%, after factoring Bihar launch preoperative expense of INR 51.3 million and ForEx loss of INR 25.5 million.
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.