Dainik Bhaskar delivers a strong performance in Q1FY25

In Q1FY25, Dainik Bhaskar delivered yet another strong performance, marking the 12th consecutive quarter of broad-based growth. Advertising revenue surged by 8.4% to Rs 4277-million on a high base of Q1 of last year, underpinned by robust market alignment. EBITDA margins expanded by 700-bps to 31% and stand at Rs 1,909-million with growth of 40% YOY, on account of soft newsprint prices and reflecting efficient cost management. Profit after tax saw a substantial 50% YoY growth to Rs 1,179-million, showcasing sustained profitability. 

In the performance highlights for Q1 FY2025 (compared to Q1 FY2024), advertising revenue grew by 8.4% to Rs 4277-million as against Rs 3,946-million. Circulation revenue stands at Rs 1,192-million as against Rs 1,199-million; total revenue grew by 7.4% to Rs 6,163-million as against Rs 5,736-million. EBIDTA grew by 40.4% to Rs 1,909-million as against Rs 1,359-million aided by ad revenue growth with effective cost control measures and also helped by softening newsprint prices. EBIDTA margin expanded by 700 basis points to 31% from 24% last year. Net Profit grew by 49.7% YOY to Rs 1,179-million as against Rs 788-million.

Print media retains its pivotal role in the media landscape, continuing to wield significant impact and effectiveness. With Dainik Bhaskar's robust brand equity cementing its position as India's top newspaper group, it has established a positive cycle of growth. 

Sudhir Agarwal, managing director, DB Corp, “"As we enter Fiscal 2025, Dainik Bhaskar has demonstrated resilience and strength. Our first quarter results are particularly impressive considering the dip in govt billing due to the election code of conduct. We are maintaining our growth trajectory across our print, radio, and digital platforms, underscoring the robustness of our omni-channel strategy and the underlying demand for our media offerings. Our digital platform with currently 18 million MAUs is a powerful pillar of growth.”

He added, “The editorial excellence, continued broad-based support from advertisers and the strong economic growth of our key markets provide us with a strong platform. As India's economic landscape continues to evolve post-elections, we're well-positioned to capitalise on new opportunities, further cement our market leadership, and deliver enhanced value to our stakeholders.”