India's DB Corp hits near 3-month high on June-qtr profit

DB

28/07/2022 08:35

** Shares of newspaper group DB Corp  DBCL.NS  rise as much
as 11.5% to 91 rupees, highest since May 4
    ** DBCL posts June-qtr consolidated net profit of 310 mln
rupees ($3.88 million) vs a loss of 222.5 mln rupees a year
earlier
    ** Revenue from ops rises 38.5%, aided by a near 97% jump in
ad revenue 
    ** About 1.3 mln shares change hands by 0730 GMT, 19 times
the 30-day avg 
    ** Stock down 12.3% YTD, as of last close



($1 = 79.7950 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com;))