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=ErbrEpFv

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/2018/01/19/cc.jpg?itok=vyxpkA3V
Comedy Central sets pace for ultimate celebration with over 100 hours of non-stop FRIENDS ultra marathon for its 6th birthday

Birthdays and New Years are great occasions to make resolutions for participating in marathons. However, this is one marathon which calls for hanging up your running shoes and grabbing the best spot in front of the telly with a bowl of munchies to keep you going because, for the first time ever in...

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/19/usports.jpg?itok=kTmil1B-
U Sports launches India's first ever Multi-Platform Multi-Game E-Sports Championship - U Cypher with MTV

The Indian E-Sports scenario is all set for a major revamp as U Sports, one of India’s biggest sports business companies in association with India’s No. 1 Youth Brand, MTV, announces the premiere of their all new month-long championship, U Cypher with MTV. Premiering today, on 19th January, the...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/19/dth.jpg?itok=SKeBAh70
TV ownership increased by 14% in 2017: IRS

After a gap of four years, the Indian Readership Survey (IRS), which documents the growth of the media industry, has been released for 2017. The survey methodology was criticised in 2014 and, therefore, was halted for an upgrade. This time, the sample size has been increased by 34 per cent to 3.2...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/19/challenge.jpg?itok=evdSw-BZ
CNN-News18 launches 'If I Were FM Challenge'

As part of its Budget programming, CNN-News18 is launching the ‘If I were FM Challenge’. The campaign will encourage viewers to contribute their suggestions for the Union Budget. The channel will run an extensive on-air campaign to promote the same.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/19/BBC.jpg?itok=JOGTF9zH
BBC World News to Broadcast 'China's Chat Girls'

Lele Tao is an internet superstar in China’s $3 billion dollar ‘live streaming’ industry. With more than a million fans she can earn thousands of dollars a day singing, dancing, flirting, or often just chatting into her webcam. Fans buy her virtual gifts which she redeems for cash. In return she...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/19/anupam.jpg?itok=fMDsUqO6
PKL season 6 and 7 dates announced

The second most watched domestic league in India, Vivo Pro Kabaddi League owned by Mashal Sports and Star India announced the dates of sixth and seventh season.

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/18/star-bharat.jpg?itok=kT6YtkU0
Star Bharat leads Hindi GEC (U+R) in week 2 of BARC ratings

MUMBAI: Star Bharat emerged as the leader in the Hindi GEC (U+R) genre dethroning Zee Anmol according to Broadcast Audience Research Council (BARC) all India data for week 2 of 2018.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/18/aaj-tak-barc.jpg?itok=4sc6BHYP
BARC week 2: Aaj Tak leads Hindi News in all three markets

MUMBAI: Republic TV continues its leading streak in the second week of the year as well in BARC All India ratings. News Nation stays in the top five chart in week 2 of 2018 in Hindi News Rural market. Aaj Tak tops the chart again in Hindi News Urban market.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/18/karan-bajaj.jpg?itok=jxlg_oWY
Dsport acquires India rights of tri-nation tournament in SL

Discovery’s sports channel Dsport has acquired the exclusive India broadcast rights of Nidahas Trophy 2018, a tri-nation international T20 tournament involving India, Sri Lanka and Bangladesh. The transaction was facilitated by Lagardère Sports, the global marketing consultant of Sri Lanka Cricket...

Television TV Channels Sports

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories