wordpress blog stats
Connect with us

Hi, what are you looking for?

DB Corp Q2-FY12: Profits Dip 37%; Ad Revenue Increases 16% YoY

DB Corp, publishers of the Hindi daily Dainik Bhaskar, Divya Bhaskar, Saurashtra Samachar and Dainik Divya Marathi have reported total revenues of Rs 353.9 crore, an 18% increase YoY for the quarter ended 30th September 2011. The company’s consolidated profits decreased 37% at Rs 40.25 crore compared to last year’s profits of Rs 63.96 crore. The consolidated results also include financial results of subsidiaries Synergy Media Entertainment and I Media Corp.

-Digital: The company also operates digital properties including web and mobile sites for its publications, IndiaInfo.com (almost defunct) and mobile apps for Android and iPhone smartphone platforms. The company does not report revenues separately for Digital, however, the company claims that it registered 110 million page views in September 2011 for Dainik Bhaskar and Divya Bhaskar web platforms. According to the company, unique visitors to websites have grown by almost 30% while overall visits have increased by 20% while it witnessed a growth of 40% in the mobile visits.

According to an afaqs report, DB Corp has 4,700 Android  and 5,100 iPhone users for Dainik Bhaskar, and 5,000 Android and 3,800 iPhone users for its Gujarati daily Divya Bhaskar. Dainik Bhaskar’s WAP site registers 1.5 lakh visits per month while Divya Bhaskar’s mobile edition registers 75,000 visits, and Daily Bhaskar, the group’s English mobile site, gets 2,000 visits every month.

Other highlights:

– Consolidated advertising revenue: Increased 16% YoY to Rs 273.5 crore from Rs 235.9 crore in Q2 FY11.
– Circulation revenue increased to Rs 60.1 crore.
– Consolidated EBITDA margin: 22% at Rs 77.1 crore.
– Radio Business: Ad revenues grew by 26% to Rs 12.7 crore. Achieved an EBIDTA of Rs 1.14 crore.
– EPS: At Rs 2.20

– Download: Release | Financials (.zip file)

Advertisement. Scroll to continue reading.

Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create an repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

News

There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data

News

Existing consumer protection regulations are not sufficient to cover the extent of protection that a crypto-investor would require.

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ