Television

DB Corp y-o-y PAT up 53 per cent; radio business revenue up 25 per cent

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2014/01/17/Financial.jpg?itok=ORK-qMLP

BENGALURU: DB Corp Limited (DBCL), home to flagship newspapers Dainik Bhaskar, Divya Bhaskar, Dainik Divya Marathi and Saurashtra Samachar reported good standalone results for Q3-2014 (Quarter ended December 31, 2013). Its overall PAT for Q3-2014 at Rs 94.83 crore grew by a healthy 30.7 per cent from the Rs 72.55 crore for the corresponding quarter of last year and grew by 52.7 per cent as compared to the Rs 62.12 crore during the immediate trailing quarter.

Consolidated PAT for Q3-2014 grew by about 34 per cent y-o-y at Rs 94.5 crore (PAT margin 18 per cent) against Rs 70.6 crore (PAT margin 15.9 per cent) in Q3 of last year. This increase in PAT factors onetime pre-operative expense of Rs 4.47 crore for Patna-Bihar new launches as well as forex gain of Rs 1.302 crore.

DBCL radio business revenue for Q3-2014 at Rs 23.82 crore was 24.85 per cent higher than the Rs 19.08 crore for Q3-2013 and was 38.8 per cent more than the Rs 17.09 crore for Q2-2014. The segment showed almost double  (1.84 times) the positive result at Rs 8.51 crore for Q3-2014 as compared to the Rs 4.62 crore for Q3-3014 and more than triple (3.34 times) the Rs 2.54 crore for Q2-2014.

DBCL’s radio business advertising revenues have expanded by about 25 per cent y-o-y to Rs 23.9 crore in Q3-2014, against Rs 19.2 crore in Q3 of 2013.

The company has shown reduced Capital Employed (Segment assets - Segment liabilities) for its radio business during Q3-2014 at Rs 48.14 crore which was 20.3 per cent lower than the Rs 57.92 crore in Q3-2013 and almost flat as compared to the Rs 47.83 crore for Q2-2014.

Let us look at the other numbers reported by DBCL for Q3-2014

The main major contributor to revenue in the case of DB Corp is Printing and Publishing of Newspaper and Periodicals. This segment showed revenue of Rs 488.63 crore for Q3-2014, up 17.2 per cent as compared to the Rs 416.83 crore y-o-y and up 17.4 per cent q-o-q as compared the Rs 416.16 crore for Q2-2014. This segment showed improved positive results for Q3-2014 at Rs 135.7 crore for Q3-2014, 25 per cent more than the Rs 108.2 crore for Q3-2014 and a whopping 42 per cent more than the Rs 95.6 crore for Q2-2014.

Capital Employed (Segment assets - Segment liabilities) by the Printing and Publishing of Newspaper and Periodicals segment at Rs 1394.62 crore during Q3-2014 was 18 per cent higher than the Rs 1181.51 crore for Q3-2013 and 4.3 per cent more than the Rs 1294.46 crore for the immediate trailing quarter.

The other revenue segments in the case of DBCL are events, internet and power, with all the three showing a combined revenue of about Rs 6.47 crore and combined negative segment result of Rs 2.53 crore.

Total standalone expense for Q3-2014 at Rs 373.04 crore was 13.7 per cent more than the Rs 328.41 crore for Q3-2013 and 9.8 per cent more than the Rs 340.3 crore for the immediate previous quarter with two expense heads showed a major increase as compared to the other expense heads.

The company saw a 19.6 per cent rise in raw material consumption to Rs 172.41 crore in Q3-2014 as compared to the Rs 144.13 crore y-o-y and 14.7 per cent more than the Rs 150.34 crore q-o-q.

Other expense for Q3-2014 at Rs 1,126.4 crore was 12.8 per cent more than the Rs 99.81 crore for Q3-2013 and 9.9 per cent more than the Rs 102.49 crore for Q2-2014.

The company’s total consolidated revenue has shown a growth of about 19 per cent y-o-y to Rs 525.4 crore in Q3-2014 against Rs 442.9 crore of Q3 of last fiscal.

The company reported a growth in revenue from advertising by 18.2 per cent y-o-y Rs 403.5 crore in Q3-2013 from Rs 341.2 crore in Q3 last fiscal. DBCL says that excluding barter and private treaty, its billing in Q3-2014 of both years, ad growth is 20.5 per cent.

DB Corp managing director Sudhir Agarwal said, “We are pleased with the good start to this year as we report a healthy performance in the third quarter. As we continue to maintain a pragmatic approach towards operational controls and higher efficiency, we have also been closely focusing on studying the marketing strategies of niche brands in Tier 2 and 3 cities that have echoed our confidence in the potential of these regions. This quarter we have seen strong focus from brands of FMCG, apparels, real estate, automobiles & government that have ramped up their respective marketing thrusts in these regions.

While, we have achieved commendable growth in legacy markets, due to our relentless focus and ability to provide a differentiated product, we are excited with our progress in newer regions of Jharkhand, Maharashtra and now Bihar. We are set to launch in Patna- State of Bihar on 18th January ‘2014 which is of strategic importance for DBCL – the region being one of India’s most dynamic and developing states.

Click below for:

DB Corp’s Financial Results

DB Corp’s Financial Release

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/03/Pankaj-Sourav_0.jpg?itok=-MGetI3Q
World Billiards Championship to be telecast live on digital media

MUMBAI: Sports app Sports Flashes has tied up with Billiards & Snooker Federation of India (BSFI) to telecast the IBSF World Billiards Championship live. The championship will be taking place in Bengaluru from December 5 to 12. The eight-day championship that includes the Points format and the...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/star-plus-800x800.jpg?itok=skBw-Vyj
Star Plus leads in traditional entertainment media brand category: Study

In an industry study conducted by Vidooly, it is observed that Facebook could be a great platform for aspiring video creators in the country. They can then incorporate it in their overall content strategy and try to leverage other platforms like YouTube, Twitter and Instagram.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/discovery-800x800.jpg?itok=0Nm7MzL-
Discovery to air 'River Monsters' throughout December

Freshwater detective, biologist and extreme angler Jeremy Wade has spent three decades traveling the world’s waterways in search of man-eaters that lurk beneath the surface of rivers and lakes in some of the most inhospitable locations in the world.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/tv-today-800x800.jpg?itok=S95bd2jx
Q2-17: TV Today Network topline up

BENGALURU: TV Today Network Limited (TVTN) reported 5.1 per cent increase in standalone revenue (TIO) for the quarter ended 30 September 2016 (Q2-17, current quarter) as compared to the corresponding quarter of the previous year (Q2-16). Standalone profit after tax (PAT) however declined 4.1 per...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/monisha-800x800.jpg?itok=Z2ntYoIO
Discovery appoints FremantleMedia's Monisha Jaising Vaid

Discovery Networks is on a hiring spree. In its endeavour to accelerate growth and embrace opportunities beyond linear, Discovery Networks Asia-Pacific has now appointed Monisha Jaising Vaid as the director of original content for real world products. She joins from FremantleMedia India TV...

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/fremental-800x8000.jpg?itok=KYe2Um-i
Wentworth: Fremantlemedia International, Sky Deutschland tie up

FremantleMedia International (FMI) has announced it had secured a deal with German-speaking PayTV platform, Sky Deutschland, for the award-winning and critically-acclaimed prison drama, Wentworth.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/Amirzada-cast.jpg?itok=AdSC4XPM
Amirzada Nawab Khan's story to be telecast on Zee Yuva

MUMBAI: Maharashtra Police, one of the potent police forces in India, has come a long way from the decade of 80s when it lacked training & high-end precision weapons which is the norm of late. That decade was marked with the rise in crime and police’s main weapon were their networking skills...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/BB10.jpg?itok=HeTvyaI5
Colors leads Hindi, urban GEC; Sony Pal retains position

MUMBAI:Colors continues to lead the Hindi GEC and Urban GEC markets in week 47. In Hindi GEC rural market, Sony Pal emerged as the number one channel while Zee Anmol bagged the second position, according to Broadcast Audience Research Council (BARC).

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/01/axn-800x800.jpg?itok=9WZlHTlX
AXN to air s1-6 of 'Californication'

Novelists are nerds, some say so but there was this one who broke all the stereotypes unabashedly. He was stylish, charming and could flatter almost anyone with his good looks and wit. Does it ring a bell? Yes, we are talking about the much loved TV character, Hank Moody. Get ready for debauchery,...

Television TV Channels English Entertainment

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories