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DB Corp reports around 3-fold jump in Q4 consolidated net profit

22 May 2024 Evaluate

DB Corp has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported almost a 3-fold jump in its net profit at Rs 122.55 crore for the quarter under review as compared to Rs 41.03 crore for the same quarter in the previous year. Total income of the company increased by 17.82% at Rs 641.71 crore for Q4FY24 as compared Rs 544.60 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported around 3-fold jump in its net profit at Rs 122.52 crore for fourth quarter ended March 31, 2024 as compared to Rs 41.02 crore for the same quarter in the previous year. Total income of the company increased by 17.83% at Rs 641.75 crore for Q4FY24 as compared Rs 544.63 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported over two and half fold jump in its net profit at Rs 424.43 crore as compared to Rs 168.07 crore for the previous year. Total income of the company increased by 14.47% at Rs 2480.32 crore for year under review as compared to Rs 2166.68 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported over two and half fold jump in its net profit at Rs 425.52 crore as compared to Rs 169.08 crore for the previous year. Total income of the company increased by 14.52% at Rs 2483.06 crore for year under review as compared to Rs 2168.24 crore for year ended March 31, 2023.

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