Media conglomerate DB Corp disappointed the street by
reporting lower than expected numbers in the quarter ended June 2012.
Consolidated net profit went down by 2.22% quarter-on-quarter and 27.9%
year-on-year to Rs 44 crore in the first quarter of FY13.
Consolidated total income from operations rose by 4.4%
quarter-on-quarter to Rs 377 crore during the quarter.
Analysts on an average had expected a net profit of Rs 53
crore and total income from operations at Rs 382 crore in the first quarter of
FY13.
At 13:52 hours IST, the share was trading at Rs 199.60, up
Rs 4.55, or 2.33%.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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