DB Corp reports 7.4 percent growth in ad revenue

DB Corp, which is also called Dainik Bhaskar Group and publishers of 66 newspaper editions in four languages, has reported that ad revenue grows by 7.4 percent in FY 19. The group runs widely circulated newspapers such as Dainik Bhaskar, Divya Bhaskar, Divya Marathi and Saurashtra Samachar. In Q4 – FY 2019, DB Corp reported growth in advertising revenue. It went up to Rs 413 crore in current period from Rs 3859 million in Q4 FY – 18. The circulation revenue has also increased by 2 percent YoY to Rs 127.3 crore from Rs 125.2 crore in the corresponding period last fiscal.

The total revenue of the group registered a growth of 4.2 percent to Rs 591.1 crore in the current period from Rs 567.5 crore. The EBIDTA (Earnings Before Interest, Tax, Depreciation and Amortization) the group stands at Rs 106.7 crore securing an (EBIDTA margin 18 percent), against EBIDTA of Rs 105.1 crore (EBIDTA margin 19 percent) in the same quarter last fiscal. PAT (Profit After Taxes) stands at Rs 54.5 crore (PAT Margin 9.2 percent), against Rs. 57.1 crore (PAT Margin 10.1 percent).