wordpress blog stats
Connect with us

Hi, what are you looking for?

DB Corp’s Internet revenues up 4% to Rs 12.5cr in Q1 FY19

DB Corp, the publisher of dailies such as DNA, Dainik Bhaskar and Divya Bhaskar, reported revenues of Rs 12.5 crore from its internet business for the quarter ended June 30, 2018 (Q1 FY19). This represents a marginal increase of 4% from Rs 12 crore in the same quarter last year. The segment reported a loss before tax of Rs 2.1 crore which is 71.2% lower from Rs 7.3 crore in the same quarter last year. The contribution of ad revenues from the digital segment stood at Rs 12.6 crore, an increase of 3.7% as compared to Rs 12.1 crore last year in the same quarter. However, on a sequential basis, it dipped by 3.8%. Ad revenues from print reported a YoY increase of 5.3% at Rs 411 crore. On a sequential basis, it rose 12.1%. The company’s print business still dominates its operational revenues, accounting for over 91% DB Corp’s operating income for the quarter with Rs 586 crore, which represents an increase of 7% from Rs 548 crore in the same quarter last year. Digital business highlights DB Corp launched Homeonline.com, a real estate portal last year in August, 2016. The website is live in Bhopal, Raipur, Indore, Jaipur, and Ahmedabad. The company did not share any number on the portal this quarter, but previously it claimed that Homeonline.com recorded about 1.5 million sessions and about 7 million page views between April 2017 and December 2017. The company has a total of 11 Portals & 2 Apps under its digital business.…

Please subscribe/login to read the full story.
Written By

Writes about e-commerce, social media, tech and Internet ecosystem.

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

Views

News

Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a 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

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

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...

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...

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