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Media firm DB Corp today reported a marginal increase of 1.63 per cent in consolidated net profit at Rs 106.82 crore for the third quarter ended December 31, 2015.
The company had posted a net profit of Rs 105.11 crore in the October-December period of the previous fiscal, DB Corp said in a BSE filing.
The company’s net sales on consolidated basis was up 5.43 per cent at Rs 577.61 crore during the quarter under review against Rs 547.83 crore in the year-ago period.
Revenue from printing and publishing of newspaper and periodicals was up 3.92 per cent at Rs 539.28 crore in the third quarter of financial year 2015-16 against Rs 518.89 crore in the same quarter last fiscal.
However, revenue from radio segment was up 25.76 per cent during the quarter to Rs 32.31 crore from Rs 25.69 crore in the same period last fiscal.
Meanwhile, in a separate filing DB Corp informed that its board at a meeting held today has fixed an interim dividend of Rs 3.50 per equity share of face value of Rs 10 each for the financial year 2015-16.
The company has fixed February 4, 2016 as the record date for the purpose of payment of interim dividend, it further informed.
Shares of of DB Corp were trading at Rs 318.75 on BSE at 12:49 hrs, up 5.49 per cent.
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