D B Corp Ltd - 533151 - Announcement under Regulation 30 (LODR)-Change in Management
Change in Senior Management Personnel viz. Mr. Dinesh Sharma, Associate Vice President Production and Mr. Om Gaur, National Editor has retired from services of the Company on attaining the age of superannuation at the close of business hours on July, 31 2023 D B Corp Ltd - 533151 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
In continuation to our letter dated 14th July 2023, please find enclosed transcript of investor/Analysts meet held on 20th July 2023. D B Corp Ltd - 533151 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication of Unaudited Financial Results for quarter ended 30th June, 2023 in following Newspaper: Financial Express - 21st July, 2023 Divya Bhaskar - 22nd July, 2023 D B Corp Ltd - 533151 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
In continuation to our letter dated 14th July, 2023 and pursuant to Regulation 30, 46 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the audio recording of the Investor/Analyst meet held on Thursday 20th July, 2023 has been uploaded on the Company's website within the stipulated timelines at https://www.dbcorpltd.com/financial-results.php.
DB Corp Q1: Net profit up over 2.5-fold at 78.75 crore
DB Corp Ltd, the media firm that publishes newspapers including Dainik Bhaskar, reported a consolidated net profit of INR 78.75 crore ($11.6m) in Q1 2023, up over two-and-a-half times from the same period last year D B Corp Ltd - 533151 - Outcome Of The Meeting Of The Board Of Directors Of D. B. Corp Limited Held On Thursday, 20Th July, 2023 In Accordance With SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ["SEBI Listing Regulations"] - AGM Schedule
Annual General Meeting of Company is scheduled to be held on 12th September, 2023 at 11:30 a.m through Video Conferencing or other Audio Video Means D B Corp Ltd - 533151 - Declaration Of Interim Dividend For The Financial Year 2023-24: Declaration Of Interim Dividend Of Rs. 3/- (Rupees Three Only) Per Equity Share Of Face Value(''FV'') Of Rs. 10/- Each (I.E. @30% Of FV) For The Financial Year 2023-24 [Subject To Tax Deducted At Source].
Record Date is fixed at 1st August 2023 D B Corp Ltd - 533151 - Corporate Action-Board approves Dividend
Board in its Meeting held on 20th July, 2023 declared 3Rs/equity share interim dividend for FY 2023-24 Record Date 1st August 2023 Payment date on or before 18th August, 2023 Q1FY24 Quarterly Result Announced for DB Corp Ltd.
Publishing company DB Corp announced consolidated Q1FY24 results: Advertising revenue grew by 17.2% to Rs 3,946 million against Rs 3,368 million. Total revenue grew by around 15% to Rs 5,736 million as against Rs 4,994 million. Circulation revenue grew by around 4% to Rs 1,199 million as against Rs 1,156 million EBIDTA grew by a strong 84.2% to Rs 1,359 million as against Rs 738 million aided by stringent cost control measures, & also helped by softening newsprint prices. EBIDTA margin expanded by impressive 900 basis points to 24% from 15% last year Net profit grew by an impressive 154% YoY to Rs 788 million against Rs 310 million. Radio Business: Revenue grew by 16.2 % YoY at Rs 372 million versus Rs 320 million EBIDTA grew by 23% YoY to Rs 115 million versus Rs 94 million Commenting on the performance for Q1 FY2024, Sudhir Agarwal, Managing Director, DB Corp said, “As global economies are making a slow recovery from their inflationary pressures, the Indian Economy, especially the non-metro markets continue to see rapid growth. The print sector has been on the uptrend for the past few months and this is likely to continue. Reputed agencies such as CRISIL peg this growth at about 15-17% on the back of strong advertising revenues, driven by Elections, Government Spending, and Consumer Demand across traditional and digital sectors while English language print has been struggling with sluggish demand, Regional newspapers seem to be faring better. Dainik Bhaskar, as the dominant leader, and India’s largest newspaper group, has a clear advantage. We attribute this to our continued editorial excellence, high reader engagement, and omnichannel delivery mechanism. Along with ad revenue growth, we have been focused on cost optimisation and over the last 4-6 months have also helped with easing newsprint prices. This has helped us deliver our fifth quarter of consistent growth across all segments and are confident of continuing this trend in the forthcoming quarters”. Result PDF
