Revenue Of MY FM Increased

MY FM

Print media company DB Corp Limited (DCL) radio segment MY FM revenue for the year ended 31 March 2018 (FY 2018, year under review) increased 6.7 percent as compared to the previous year as reported by the company. The company, in its financial release for the period under review, says that the radio segment’s profit after tax (PAT) stood at Rs 15.3 crore (11 percent margin), while EBIDTA was Rs 36.2 crore (27 percent margin) for fiscal 2018.

DCL’s Radio business (MY FM) revenue for FY 2018 was Rs 135.70 crore (5.8 percent of operating revenue) as compared to Rs 127.20 crore (5.6 percent of operating revenue) in FY 2017. Four segments’ contribute to DCL’s numbers: They are: Printing & Publishing of Periodicals (Printin); Radio; Event; and Internet. The major contributor to DCL’s business is its print segment followed by its Radio business. These two businesses have reported operating profits and continue to do so in FY 2018. The company’s Event business also reported an operating profit for FY 2018 at Rs 5.64 crore as compared to an operating loss of Rs 0.78 crore in FY 2017.

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