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DB Corp.
DB Corp. reported its 2QFY2012 numbers with consolidated revenue growth
at 17.6% yoy and flat qoq to `354cr (`301cr/`354cr). Advertising revenue
grew by 15.9% yoy but declined by 3.4% qoq to `274cr (`237cr/`283cr),
while circulation revenue grew by 13.0% yoy/5.8% qoq to `60cr (`53cr/`57cr)
on account of launch of new editions in Maharashtra and Jharkhand.
Recurring consolidated earnings declined by 37.1% yoy and 34.1% qoq to
`40cr (`64cr/`61cr). The company also witnessed a 981bp yoy and 657bp
qoq decline in operating margin, which stood at 21.8%, due to edition
launches in Maharashtra and Jharkhand and loss on foreign exchange.
A detailed note would be released post the conference call with the
management today. The stock is currently under review.
The concall is scheduled on Friday, October 21, 2011, at 12.30 PM IST, dial
in numbers: 022 6629 0301, 022 3065 0122.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
DB Corp.
DB Corp. reported its 2QFY2012 numbers with consolidated revenue growth
at 17.6% yoy and flat qoq to `354cr (`301cr/`354cr). Advertising revenue
grew by 15.9% yoy but declined by 3.4% qoq to `274cr (`237cr/`283cr),
while circulation revenue grew by 13.0% yoy/5.8% qoq to `60cr (`53cr/`57cr)
on account of launch of new editions in Maharashtra and Jharkhand.
Recurring consolidated earnings declined by 37.1% yoy and 34.1% qoq to
`40cr (`64cr/`61cr). The company also witnessed a 981bp yoy and 657bp
qoq decline in operating margin, which stood at 21.8%, due to edition
launches in Maharashtra and Jharkhand and loss on foreign exchange.
A detailed note would be released post the conference call with the
management today. The stock is currently under review.
The concall is scheduled on Friday, October 21, 2011, at 12.30 PM IST, dial
in numbers: 022 6629 0301, 022 3065 0122.
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