DB Corp Limited announced its quarterly results for the quarter ended December 31, 2025, alongside significant corporate developments including dividend declaration and key leadership changes in its technology department. The Board of Directors meeting held on January 15, 2026, addressed multiple strategic decisions impacting shareholders and organizational structure.

Second Interim Dividend Declaration

The company declared a second interim dividend for the financial year 2025-26, demonstrating its commitment to shareholder returns. The dividend details are structured as follows:

Shareholders holding equity shares as of the record date will be eligible for the dividend payment, which represents a 20% return on the face value of shares.

Leadership Transition in Technology Department

The company announced significant changes in its senior management structure, particularly in the technology leadership role. These changes reflect the organization's focus on strengthening its technological capabilities.

Resignation of Current CIO

Amit Prakashrao Waghmare tendered his resignation from the position of Chief Information Officer in the Technology department. The resignation details are:

Waghmare expressed gratitude to the senior leadership and colleagues for their support during his tenure with the company.

Appointment of New CIO

Based on the recommendation of the Nomination and Remuneration Committee, the Board approved the appointment of Rakesh Khetan as the new Chief Information Officer, effective January 15, 2026.

Professional Background: Rakesh Khetan brings extensive experience to the role with over 21 years in information technology, digital transformation, IT governance, and cybersecurity. His educational qualifications include:

• Bachelor of Technology (B.Tech) in Computer Science
• Master of Business Administration (MBA)
• Post Graduate Diploma in Business Administration (PGDBA)
• Professional certifications: ITIL 4, SIAM Professional, Oracle Certified Professional

Experience and Expertise: Khetan has demonstrated expertise in formulating and implementing enterprise IT strategies, ERP implementations, cloud migration, cybersecurity frameworks, digital platforms, automation, and analytics. His experience includes IT risk management and working closely with senior management on IT governance, compliance, and business continuity.

He has held senior leadership positions with reputed organizations including IB Group, Adani Wilmar Limited, Olam Agro India Ltd., and Tata Motors Ltd.

Quarterly Results Approval

The Board approved the unaudited financial results (standalone and consolidated) for the quarter and nine months ended December 31, 2025. The company has submitted the required documentation including limited review reports and press releases to the stock exchanges as per regulatory requirements.

Regulatory Compliance

All announcements were made in compliance with SEBI Listing Regulations, specifically Regulations 30, 33, and 42. The company has fulfilled its disclosure obligations to both BSE Limited (Scrip Code: 533151) and National Stock Exchange (Symbol: DBCORP), ensuring transparency for all stakeholders.

The Board meeting commenced at 11:30 AM IST and concluded at 1:00 PM IST on January 15, 2026, with all decisions being communicated to the exchanges and uploaded on the company's website for public access.

DB Corp Limited, India's largest print media company, announced its financial results for the quarter ended December 31, 2025. The company reported consolidated revenue of ₹6,293.28 crores compared to ₹6,556.41 crores in the corresponding quarter of the previous year. Net profit for the quarter stood at ₹955.09 crores against ₹1,182.10 crores in Q3FY25.

Financial Performance Overview

The company's performance during Q3FY26 was impacted by high base effects from the festive season and election-related advertising in the corresponding quarter of last year. Advertising revenue declined by 7.80% year-on-year to ₹4,395 million, while total revenue decreased by 4.00% to ₹6,293 million. EBITDA for the quarter stood at ₹1.35 billion compared to ₹1.70 billion in the previous year, with EBITDA margin compressing to 22.32% from 27.58%.

Segment-wise Performance

The printing, publishing and allied business generated revenue of ₹5,643.01 crores compared to ₹5,941.78 crores in Q3FY25. The radio segment reported revenue of ₹410.16 crores against ₹486.45 crores in the previous year quarter.

Nine Months Performance

For the nine months ended December 31, 2025, the company reported consolidated revenue of ₹18,512.34 crores compared to ₹18,544.18 crores in the corresponding period of the previous year. Net profit for the nine-month period stood at ₹2,698.07 crores against ₹3,186.49 crores in 9MFY25.

Dividend Declaration

The Board of Directors declared a second interim dividend of ₹2.00 per equity share of face value ₹10 each for the financial year 2025-26. The record date for determining eligibility has been set as January 22, 2026, with payment to be made on or before February 13, 2026.

Management Changes

The company announced key changes in its senior management team. Mr. Amit Prakashrao Waghmare resigned from his position as Chief Information Officer, with his last working day being January 31, 2026. The Board approved the appointment of Mr. Rakesh Khetan as the new Chief Information Officer in the Technology department, effective January 15, 2026.

Digital Business Growth

The company's digital business maintained strong momentum with Monthly Active Users (MAUs) standing at approximately 21 million as of November 2025. Dainik Bhaskar continues to hold the position as the number one Hindi and Gujarati News App, strengthening its position as the leading digital Indian language media platform.

Operational Highlights

Despite facing challenges from high base effects, the company maintained operational discipline through continued cost control measures. The management noted that newsprint prices continued to remain stable in Q3FY26 with some sequential rate correction, though margin compression was evident with EBITDA margin declining to 22.32% from 27.58% in the previous year.

Outlook and Strategic Focus

Managing Director Sudhir Agarwal commented that the company delivered stable performance despite being impacted by higher base effects from festive season and state elections. He noted that advertiser sentiment improved sequentially through the quarter, reflecting gradual pick-up in demand across markets. The company remains focused on cost discipline and operational efficiencies while positioning itself to capture emerging opportunities.