Publishing company DB Corp announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Total Revenue stands at Rs 5,668 million as against Rs 6,418 million last year which was an election-driven high base year. Advertising Revenue stands at Rs 3,841 million as against Rs 4,457 million, due to high base of last year. Circulation Revenue stands at Rs 1,172 million as against Rs 1,187 million during Q4FY24. EBIDTA stands at Rs 1,017 million as against Rs 1,967 million during Q4FY24. Net Profit stands at Rs 523 million as against Rs 1,225 million during Q4FY24. Radio business: Advt. Revenue stands at Rs 376 million versus Rs 412 million during Q4FY24. EBIDTA stands at Rs 107 million versus Rs 144 million during Q4FY24. FY25 Financial Highlights: Total Revenue at Rs 24,212 million as against Rs 24,821 million during FY24. Advertising Revenue stands at Rs 16,899 million as against Rs 17,524 million during FY24. Circulation Revenue stands at Rs 4,734 million as against Rs 4,791 million during FY24. EBIDTA is at Rs 6,270 million as against Rs 7,033 million during FY24. Net Profit stands at Rs 3,710 million as against Rs 4,255 million during FY24. Radio business: Advt. Revenue grew by 4.4 % YoY to Rs 1,663 million versus Rs 1,593 million during FY24. EBIDTA grew by 1.3% YoY to Rs 558 million versus Rs 551 million during FY24. Sudhir Agarwal, Managing Director, DB Corp, said: “Our full year results show a modest slowdown after three years of impressive growth trajectory, primarily due to comparison with last year's election-driven fourth quarter surge and a cautious stance by advertisers in the fourth quarter. The standout achievement this quarter has been our rising circulation numbers, which validates the enduring power of print media and gives us optimism for the quarters ahead. Our digital ecosystem continues to gain momentum, solidifying our integrated leadership across all platforms. While global economic uncertainties linger, we expect India's robust consumption-driven growth to continue in the near to medium term on the back of certain positive triggers like Income Tax benefit, implementation of the 8th Pay Commission and likelihood of a Normal Monsoon. We continue to remain focused on strengthening our market position and pursuing meaningful opportunities for expansion and innovation.” Result PDF
Publishing company DB Corp announced 9MFY25 & Q3FY25 results Q3FY25 Financial Highlights: Total Revenue stands at Rs 6556 million as against Rs 6,648 million on an election filled high base of last year. Advertising Revenue stands at Rs 4767 million as against Rs 4819 million, due to state election filled high base of last year.. Circulation Revenue stands at Rs 1195 million as against Rs 1,200 million. EBIDTA stands at Rs 1902 million (EBIDTA margin 29%) as against Rs 2031 million aided by effective cost control measures, & also helped by softening newsprint prices. Net Profit stands at Rs 1182 million as against Rs 1,240 million. Radio business: Advt Revenue grew by 6% YoY at Rs 492 million versus Rs 464 million. EBIDTA grew by 2% YoY to Rs 187 million versus Rs 183 million. 9MFY25 Financial Highlights: Total Revenue grew by 1% to Rs 18544 million as against Rs 18,403 million. Advertising Revenue stood at Rs 13058 million as against Rs 13,066 million. Circulation Revenue stands at Rs 3562 million as against Rs 3604 million. EBIDTA grew by 4% to Rs 5252 million as against Rs 5066 million. Net Profit grew by 5% YoY to Rs 3187 million as against Rs 3030 million. Radio business: Advt. Revenue grew by 9% YoY to Rs 1287 million versus Rs 1181 million. EBIDTA grew by 11% YoY to Rs 451 million versus Rs 407 million Sudhir Agarwal, Managing Director, DB Corp, said: "Our performance in Q3FY25 contributing to the highest ever nine-month performance, even on the back of a high base is a confidence-booster for us and underscores our strategic focus on Content over Noise, Truth over Trends in our editorial strategy which has brought us rich dividends. The festive season saw strong demand from advertisers and while there has been some softening thereafter, we continue to remain optimistic. Our digital business continues to support our omni-channel market leadership. With global economic performance remains sluggish, the Indian economy, driven by domestic consumption, continues to drive our key markets and advertisers while our circulation teams have been active in driving engagement. These pillars will augur well as we set to not only cement our leadership position, but continue to look for windows of opportunity to push growth” Result PDF
Conference Call with DB Corp Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Publishing company DB Corp announced Q2FY25 results Total Revenue stands at Rs 5,825 million as against Rs 6,019 million on an election environment led driven high growth base of last year. Advertising Revenue stands at Rs 4,014 million as against Rs 4,301 million, due to high base of last year. Circulation Revenue stands at Rs 1175 million as against Rs 1,205 million EBIDTA stands at Rs 1,442 million (EBIDTA margin 25%) as against Rs 1,676 million. Net Profit stands at Rs 826 million as against Rs 1,003 million. Radio business: Advt Revenue grew by 16% YoY at Rs 414 million versus Rs 356 million. EBIDTA grew by 22% YoY to Rs 132 million versus Rs 108 million Sudhir Agarwal, Managing Director, DB Corp Ltd said: "In Q2FY25, we did not meet our revenue growth targets, primarily due to the extended monsoon season, which slowed market activity and consumer spending, and a high base effect - Q2FY24 was an exceptionally strong quarter bolstered by significant advertising driven by state elections filled environment. We believe will continue our growth trajectory in the coming quarters to meet our long-term growth strategy as we are actively adapting to current market conditions. Our Digital Business is thriving, with continued growth in MAUs to almost 20 million as of Aug’24, despite monetizing on a pilot basis. Our foundation for future success remains strong, built on our commitment to editorial excellence, continued broad-based support from advertisers, and the robust economic growth in our key markets. These factors position us well to capitalize on emerging opportunities. As India's economic landscape evolves in the post-election period, we are confident in our ability to further cement our market leadership and continue to focus on enhancing value to our stakeholders." Result PDF
Conference Call with DB Corp Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Publishing company DB Corp announced consolidated Q1FY25 results: Advertising Revenue grew by 8.4% to Rs 4,277 million as against Rs 3,946 million. Circulation Revenue stands at Rs 1,192 million as against Rs 1,199 million Total Revenue grew by 7.4% to Rs 6,163 million as against Rs 5,736 million. EBIDTA grew by 40.4% to Rs 1,909 million as against Rs 1,359 million aided by Advt revenue Growth with effective cost control measures, & also helped by softening newsprint prices. EBIDTA margin expanded by 700 basis points to 31% from 24% last year Radio business: Advt Revenue grew by 6.2 % YoY at Rs 386 million versus Rs 364 million EBIDTA grew by 14.2% YoY to Rs 132 million versus Rs 115 million Commenting on the performance for Q1 FY2025, Sudhir Agarwal, Managing Director, DB Corp said, "As we enter Fiscal 2025, Dainik Bhaskar has demonstrated resilience and strength. Our first quarter results are particularly impressive considering the dip in Govt billing due to the election code of conduct. We are maintaining our growth trajectory across our Print, Radio, and Digital platforms, underscoring the robustness of our omnichannel strategy and the underlying demand for our media offerings. Our Digital platform with currently 18 million MAUs is a powerful pillar of growth. The editorial excellence, continued broad-based support from advertisers and the strong economic growth of our key markets provides us a strong platform. As India's economic landscape continues to evolve post-elections, we're well-positioned to capitalize on new opportunities, further cement our market leadership, and deliver enhanced value to our stakeholders.” Result PDF