Dainik Bhaskar

23 OCT 10

The wait is over! DB Corp to listing on 6th

D B Corp Ltd. Qtr.1 June'10 results shows robust growth in topline as well as bottomline  

D B Corp Ltd. has announced its results for Qtr.1, June '10 on July 30, 2010 at Mumbai, after completion of their Board Meeting.

Performance Highlights for Q 1 FY 2010-11

* DB Corp Ltd. has achieved an EBIDTA margin of 38% in Q1 FY 10-11 on consolidated basis to Rs. 1136 million, against Rs. 937 million in the corresponding period of last year

* Consolidated EBIDTA grew by over 21% in Q1 YOY On stand-alone basis EBIDTA margin stands at ~39.5% - which is probably amongst the highest operating margins reported by print media companies in Q1 FY 10-11
* Consolidated Advertising Revenues grew by ~ 18% to Rs. 2357 million from Rs. 2000 million

* Consolidated PAT has grown to Rs. 695 million from Rs. 515 million, up 35% in Q1 YOY, PAT margin has increased 23.3% in Q1 FY 10-11, compared with 19.5% in FY 09-10

* Gross Term Debt down to Rs. 2300 million and Net Term Debt to Rs. 158 million as on 30th June 2010

* Radio business has achieved EBIDTA of Rs. 12 million in current quarter against negative EBIDTA of Rs. 4 million in the corresponding quarter of last year