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…
- How Do India’s Growing Verification Mandates Impact Companies and Industries? #NAMA March 29, 2023
- Why is a scammer the best fintech founder in the world? #NAMA March 29, 2023
- Calcutta HC directs social media platforms to block YouTuber Dhruv Rathee’s video on packaged fruit juice March 29, 2023
- Do marginalized groups support online anonymity? #NAMA March 29, 2023
- MediaNama Daily: On the future of anonymity and privacy in India March 29, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Amazon announced that it will integrate its logistics network and SmartCommerce services with the Open Network for Digital Commerce (ONDC).
India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?
After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples
In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection
The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
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...
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...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
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...
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...