DB Corp, the publisher of dailies such as Dainik Bhaskar, Divya Bhaskar, Saurashtra Samachar, Divya Marathi and DNA has posted a loss before tax of Rs 7.8 crore for its Internet business segment for the quarter ended June 30. Losses at in the segment continues to widen from the loss of Rs 7.35 crore in the preceding quarter and from Rs 1.03 crore in the same quarter last year. However, the Internet segment's revenues in Q1 FY16 increased 71.83% year-on-year to Rs 10.114 crore from Rs 5.89 crore in Q1 FY15. On a sequential basis, the Internet revenues increased 12.96% from Rs 8.95 crore. The Internet segment however accounts for just 2.13 % of DB Corp’s operational income which was at Rs 473.36 crore for the quarter. The company’s print business still dominates its operational revenues, accounting for 92.99% DB Corp’s operational income for the quarter. Digital business highlights –DB Corp's…
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