Q2 2025 DB Corp Ltd Earnings Call Transcript
Key Points
- EBITDA grew by 10.4% to INR3,351 million, driven by effective cost control and softer newsprint prices.
- Net profit increased by 12% to INR2,004 million compared to the previous year.
- Radio business showed strong growth with an 11% YoY increase in revenue.
- Digital business strategy is progressing well, with MAU reaching 19.6 million.
- Dainik Bhaskar maintains its position as the digital leader with the top Hindi and Gujarati news apps.
- Total revenue for Q2 FY 2025 decreased to INR5,825 million from INR6,019 million in the previous year.
- Advertising revenue was impacted by prolonged monsoon and high base effect from last year's election-driven surge.
- Circulation revenue remained flat, with a noted decline in print circulation by 2-3%.
- Other expenses increased due to delayed expenditures and market expansion efforts.
- Government advertising revenue decreased significantly, impacting overall sales growth.
Ladies and gentlemen, good day, and welcome to the D.B. Corp Limited Q2 and H1 FY25 earnings conference call. (Operator Instructions) Please note that this conference is being recorded.
We have with us today the senior management team of D.B. Corp Limited, Mr. Pawan Agarwal, Deputy Managing Director; Mr. Girish Agarwal, Non-Executive Director; Mr. Lalit Jain, Chief Financial Officer; Mr. Mushtaq Ali, Senior Vice President, Finance and Accounts; and Mr. Prasoon Kumar Pandey, Head Investor and Media Relations, who will represent D.B. Corp Limited on the call.
The management will be sharing the key operating and financial highlights from the quarter ended September 30, 2024, followed by a question-and-answer session. Please note that some of the statements made in today's discussion may be forward-looking in nature and may involve risks and uncertainties. Documents relating to the company's financial performance have already been e-mailed to you and are available on the website of the stock exchanges and the company's Investors section. Trust, you have been able to go through the same.
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |