Mumbai, May 8
Media company DB Corp Limited on Thursday reported a steep 57.3 per cent decline in net profit for the fourth quarter (Q4) of FY25, as a fall in revenue and a rise in expenses weighed heavily on its financial performance.
The company posted a consolidated net profit of Rs 52.3 crore in Q4, down from Rs 123 crore in the same quarter of the previous fiscal, according to its stock exchange filings.
The sharp drop came as revenue slipped 11.3 per cent year-on-year (YoY) to Rs 548 crore in Q4 from Rs 617 crore in a year-ago period.
Adding to the pressure, total expenses during the quarter rose to Rs 495.99 crore from Rs 480.24 crore in the year-ago period.
This erosion in operating leverage affected margins, with earnings before interest, tax, depreciation, and amortisation (EBITDA) falling 52 per cent to Rs 82.6 crore from Rs 172 crore.
Profit margins narrowed to 15.1 per cent from 27.9 per cent, the company said in its exchange filing. Total income also declined to Rs 566.78 crore compared to Rs 641.75 crore in Q4 FY24.
Following the weak earnings, DB Corp’s stock dropped sharply on Thursday. Around 1.35 p.m. on the National Stock Exchange (NSE), the shares were down by Rs 12.62 or 5.31 per cent, trading at Rs 225.04.