WASHINGTON: DB Corp recently announced their financial results for the quarter and nine months ended December 31, 2015. Total Revenues grew 6% YOY at Rs. 5896 million, as against Rs. 5,574 million.
Circulation Revenue has increased YoY 18% to Rs. 1141 million from Rs. 969 million, primarily due to yield driven growth, largely coming from mature markets. Advertising Revenues grew by 2% YOY at Rs. 4356 million as against Rs. 4283 million, in Q3 last fiscal.
Excluding onetime election related revenue in quarter 3 last year of state of Haryana, Maharashtra and Jharkhand, our total revenue would have grown by around double digit & advt. growth would have been in high single digit growth.
DBCL achieved EBIDTA Margins of 32.3% at Rs. 1906 million from Rs. 1876 million of last year, after factoring forex loss of 2.62 million and Bihar launch related preoperative expenditure of Rs.3.3 million
PAT margin stands 18.1%, at Rs. 1068 million against Rs. 1051 million, after factoring forex loss of 9.1 million and Bihar launch related preoperative expenditure of Rs. 3.3million.
