Nov 01, 2017 09:09 AM IST | Source: PTI
DB Corp Q2 profit down 11% to Rs 78.66 crore
The company had posted a net profit of Rs 88.51 crore during the July-September period a year ago, DB Corp said in a BSE filing.
ByPTI
Media firm DB Corp Ltd today reported a 11.12 per cent decline in consolidated net profit at Rs 78.66 crore for the quarter ended on September 30, 2017.
The company had posted a net profit of Rs 88.51 crore during the July-September period a year ago, DB Corp said in a BSE filing.
DB Corp's total income during the period under review was at Rs 574.05 crore, up 5.67 per cent, as against Rs 543.22 crore during the corresponding period a year ago.
"Consolidated PAT stands at Rs 78.7 crore from Rs 88.5 crore after factoring one-off related to roll back of radio music royalty of Rs 5.8 crore in quarter 2 last year as well as new circulation expansion drive," the company said.
Its total expenses were up 10.38 per cent to Rs 453.33 crore as against Rs 410.68 crore.
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