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DB Group’s Internet revenues were Rs 11.97 Cr for Q4-FY16

DB Corp, the publisher of regional daily Dainik Bhaskar, has posted a profit of Rs 3.02 crore for its Internet business segment for the quarter ended March 31, 2016. Revenue in the segment rose to Rs 11.97 crore in comparison to Rs 8.95 crore the corresponding quarter last year and increased to Rs 45.6 crore in comparison from Rs 30.27 crore the previous year. The company reported an increase of 6.29% year-on-year (Y-O-Y) with Rs 526.5 crore in total revenues for the fourth quarter from Rs 495.3 crore from the same quarter last year, in a BSE filing. Quarterly Financials The net sales on a consolidated basis rose 6.02% to Rs 505.92 crore in the same quarter of 2015-16 as against Rs 477.17 crore in the corresponding quarter last fiscal. - EBITDA stood at Rs 126.3 crore compared to Rs 129.2 in Q4 FY2015. - EBITDA Margin stood at 24% in Q4 FY2016. - Net Profit after tax increased by 0.37% Rs 64.24 crore from Rs 63.99 crore in Q4 FY2015. The Digital business revenue grew by 33% to Rs 12 crore from Rs 9 crore of corresponding quarter last fiscal. Advertising revenue stood at Rs 360 crore in the current period from Rs 354.3 crore in the corresponding quarter last year. Revenue from printing and publishing of newspaper and periodicals surged 5% to Rs 470.84 crore in the fourth quarter compared to Rs 448.40 crore in the same period a year ago. Radio segment revenue rose 11.35% during the quarter under review to Rs 29.71…

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