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DB Corp net reports marginal fall in Q4 consolidated profit

16 May 2019 Evaluate

DB Corp has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a fall of 5% in its net profit at Rs 54.49 crore for the quarter under review as compared to Rs 57.36 crore for the same quarter in the previous year. However, total income of the company increased by 4.12% at Rs 591.01 crore for Q4FY19 as compared Rs 567.63 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 4.61% in its net profit at Rs 54.46 crore for the quarter under review as compared to Rs 57.09 crore for the same quarter in the previous year. However, total income of the company increased by 4.15% at Rs 591.05 crore for Q4FY19 as compared Rs 567.48 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a fall of 15.57% in its net profit at Rs 273.93 crore as compared to Rs 324.46 crore for the previous year. However, total income of the company increased by 6.18% at Rs 2,479.27 crore for year under review as compared to Rs 2,335.03 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a fall of 15.47% in its net profit at Rs 273.84 crore as compared to Rs 323.97 crore for the previous year. However, total income of the company increased by 6.19% at Rs 2,479.35 crore for year under review as compared to Rs 2,334.92 crore for year ended March 31, 2018.


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