Print media and radio firm DB Corp has reported results for its third quarter ended December 31, 2011.
The company has posted a 37.14% decline in its net profit of Rs 56.10 crore for the quarter ended December 31, 2011 as compared to Rs 89.24 crore for the same quarter in the previous year. Net sales have increased by 9.13% to Rs 374.82 crore for quarter under review from Q3FY11 to Rs 343.46 crore for the corresponding quarter of the preceding year.
On consolidated basis company has posted a 28.87% decline in its net profit of Rs 55.35 crore for the quarter ended December 31, 2011 as compared to Rs 77.82 crore for the same quarter in the previous year. Net sales have increased by 10% from Rs 378.92 crore for Q3FY11 to Rs 344.44 crore in the quarter under review.
