DB Corp Q3 net down 19.2% at ₹95.5 cr
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Media firm DB Corp Ltd on Thursday reported a 19.2 per cent decline in consolidated net profit at ₹95.5 crore in the third quarter ended December 31, 2025, impacted by lower revenue and high base effect.
The company had posted a consolidated net profit of ₹118.21 crore in the third quarter last fiscal, DB Corp Ltd said in a regulatory filing.
Consolidated revenue from operations in the third quarter stood at ₹605.27 crore as against ₹642.65 crore in the corresponding period a year ago, it added.
Total expenses in the third quarter were higher at ₹500.57 crore as compared to ₹495.59 crore in the same period last fiscal, said the company, which publishes newspapers including Dainik Bhaskar, Divya Bhaskar, Divya Marathi and Saurashtra Samachar.
“During Q3 FY26, the company’s performance was impacted by high base effects arising from the festive season and election-related advertising in the corresponding quarter of last year,” DB Corp said.
Advertising revenue in Q3 stood at ₹439.5 crore as against ₹476.7 crore in the year-ago period, while circulation revenue was at ₹117.8 crore as against ₹119.5 crore in Q3 FY25.
The radio business clocked advertising revenue of ₹41 crore as compared to ₹48.6 crore in the same quarter last fiscal, the company said.
Commenting on the Q3 performance, DB Corp Ltd Managing Director Sudhir Agarwal said,”We delivered a stable performance in Q3FY26 in a quarter that was impacted by a higher base from the festive season and state elections in the same period last year.”
With a larger part of the festive spend shifting into Q2 this year, the year-on-year comparison was not directly comparable, he noted
On the outlook, Agarwal said, “We remain positive on the overall consumption outlook in India. The upcoming Union Budget, expected revisions in government pay and allowances, and other policy measures should support spending in the fourth quarter.”
Published on January 15, 2026
