EBITDA rises 10% YoY to ₹1,584 million, while net profit grows 13% YoY to ₹935 million
DB Corp (DBCL), publisher of flagship newspapers including Dainik Bhaskar, Divya Bhaskar, Divya Marathi, and Saurashtra Samachar, announced its financial results for the second quarter and first half ended September 30, 2025.
For Q2 FY26, the company reported advertising revenue of ₹4,478 million, an 11.5% year-on-year increase, driven by favorable macroeconomic conditions, early festive season demand, GST rate reductions, and encouraging GDP growth. Print advertising revenue grew 12% YoY, supported by DBCL’s strong brand presence, advertiser confidence, and deep consumer engagement.
Overall revenue for the quarter reached ₹6,347 million, up 9% YoY, while circulation revenue rose 3% to ₹1,208 million. EBITDA improved 10% YoY to ₹1,584 million, maintaining a healthy margin, and net profit grew 13% YoY to ₹935 million.
For the first half of FY26, total revenue stood at ₹12,219 million, with advertising revenue contributing ₹8,455 million, reflecting a 2% YoY increase. Circulation revenue for H1 was ₹2,411 million, while EBITDA reached ₹2,968 million and net profit ₹1,743 million. DBCL’s radio business also performed steadily, with advertising revenue up 4% in Q2 and 2.5% in H1 FY26.
Commenting on the results, Sudhir Agarwal, Managing Director, DB Corp, said:
“We are pleased to report another quarter of steady performance, supported by a healthy pick-up in advertising momentum, aided by the early festive season and the positive impact of GST rate reductions. These factors, along with broad-based improvement in consumer sentiment, drove consistent advertiser engagement across our platforms. Our digital business continues to scale rapidly, reinforcing our position as India’s leading Indian language news app platform.
Looking ahead, we remain encouraged by the government’s pro-consumption measures, expected to stimulate demand in Tier II and III markets – the core of our readership base. With our strong editorial strength, trusted brand equity, and expanding digital reach, we are well-positioned to capture opportunities across print and digital media, delivering sustained growth and long-term value for all stakeholders.”