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DB Corp Q2-FY13: Rs 3.1 Cr Internet Revenues; Rs 378.4 Cr Total Revenue

DB Corp, publishers of the Hindi daily Dainik Bhaskar, Divya Bhaskar, Saurashtra Samachar and Dainik Divya Marathi has reported total revenues of Rs 378.4 crore for the quarter ending September 30, 2012 (Q2-FY13), registering a 7.8% increase from Rs 350.9 crore in the same quarter last year (Q2-FY12). It reported a consolidated profit of Rs 48.6 crore for the quarter, up 21% from Rs 40.3 crore in the same quarter last fiscal. Note that the consolidated results also include financial results of its subsidiaries Synergy Media Entertainment and I Media Corp. Digital: The company currently operates several digital properties including web and mobile sites for its publications. While the release doesn't mention the digital revenues for the company, Bhaskar Group's non-executive director Girish Agarwal stated during the company's earnings call that the group has registered Rs 3.1 crore revenue from its Internet business,…

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