Publishing company DB Corp announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Advertising Revenue grew by strong 24.6% to Rs 4,457 million as against Rs 3,578 million. Circulation Revenue grew by around 3% to Rs 1,187 million as against Rs 1,153 million Total Revenue grew by impressive 17.8% to Rs 6,418 million as against Rs 5,446 million. EBIDTA grew by 121.2% to Rs 1,967 million as against Rs 889 million aided by Advt revenue Growth with effective cost control measures, & also helped by softening newsprint prices. EBIDTA margin expanded by 1500 basis points to 31% from 16% last year Net Profit grew by 198.6% YoY to Rs 1,225 million as against Rs 410 million. Radio business: Advt Revenue grew 32.5% YoY at Rs 426.6 million versus Rs 322 million EBIDTA grew by 71.2% YoY to Rs 144.2 million versus Rs 84 million FY24 Financial Highlights: Advertising Revenue grew by 18.2% to Rs 17,524 million as against Rs 14,827 million. Advt revenue witnessed absolute revenue growth of Rs 2,697 million Circulation Revenue grew by around 3.5% to Rs 4,791 million as against Rs 4,627 million Total Revenue grew by around 14.5% to Rs 24,821 million as against Rs 21,682 million. Total revenue witnessed absolute revenue growth of Rs 3,139 million EBIDTA grew by 94.7% to Rs 7,033 million as against Rs 3,611 million aided by Revenue growth coupled with effective cost control measures, & also helped by softening newsprint prices. EBIDTA margin expanded by 1,100 basis points to 28% from 17% last year Net Profit grew by 151.7% YoY to Rs 4,255 million as against Rs 1,691 million. Radio business: Advt Revenue grew by 21% YoY at Rs 1,623 million versus Rs 1,342 million EBIDTA grew by 36.9% YoY to Rs 551 million versus Rs 402 million Commenting on the performance for Q4 FY2024, Sudhir Agarwal, Managing Director, DB Corp Ltd said, "Fiscal 2024 marks yet another year of continued growth for the Print Media sector in general and Dainik Bhaskar in particular. The momentum that has built over the past few quarters is a demonstration of the underlying strength of the medium. Apart from our Print business, our radio business continues this growth trajectory, digital business is also progressing as planned, and we are enthused by the immense potential of our omni-channel platform that is now firing on all cylinders. We are happy that we have built a strong platform of growth and are encouraged by the broad-based advertising revenues that we continue to attract. With India’s growth momentum going strong, we see a plethora of opportunities and going into the new financial year, we are hopeful to be able to continue this momentum and increase our leadership position and deliver growth to all stakeholders”. Result PDF