DB Corp Q1FY23 total revenue increases 62.5 percent

DB Corp Limited (DBCL), which publishes Dainik Bhaskar, Divya Bhaskar, Divya Marathi and Saurashtra Samachar, announces its financial results for the quarter ended June 30, 2022. The company’s total revenue is up by 62.5 percent at Rs. 500.3 cr in Q1FY23 as compared to Rs 308 cr in Q1 FY22. Meanwhile, the ad revenue has jumped 96.6 percent to Rs 336.9 cr as against Rs 171.3 cr in Q1FY22. Circulation revenue grew by 4.5 percent to Rs.115.6 cr as against Rs 110.6 cr. According to a BSE filing by the company, the print industry is regaining momentum: Dainik Bhaskar Group is a key beneficiary of the reversion-to-print trend that is being witnessed.