Published on 19/05/2017 4:47:55 PM | Source: Dion Global Solutions Ltd

DB Corp Q4 profit up 6% at Rs 64.18 cr

Posted in Stock Market | #Stock Market #Printing Sector #DB Corp Ltd. #Quarterly Result

Media firm DB Corp today reported 6.2 per cent increase in consolidated net profit at Rs 64.18 crore for the March quarter. The company had posted a net profit of Rs 60.43 crore during the same period of the previous fiscal, DB Corp said in a BSE filing.

Net sales of the company during the quarter under review stood at Rs 508.39 crore as against Rs 505.95 crore during the year ago period. Commenting on the results, DB Corp Managing Director Sudhir Agarwal said: “While this fiscal continued to one that tested our resilience, we are pleased with the final culmination having achieved some significant operating milestones”.

For the entire fiscal, the media firm reported a net profit at Rs 347.75 crore compared to Rs 292.07 crore in the 2015-16 fiscal. Meanwhile, shares of the company were trading at Rs 359 apiece, down 2.49 per cent from the previous close at 12:13 hours on BSE.