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 unaudited financial results for the quarter and nine months ended December 31, 2025. The company's board meeting held on January 15, 2026, approved the quarterly results and declared a second interim dividend while announcing key management changes.

Financial Performance Overview

The company's consolidated financial performance for Q3FY26 reflected the impact of high base effects from the previous year's festive season and election-related advertising. Despite these challenges, DB Corp maintained operational discipline and healthy margins.

Segment-wise Performance

The company's two primary business segments showed varied performance during the quarter. The printing and publishing business remained the dominant revenue contributor, while the radio segment faced headwinds.

Printing, Publishing and Allied Business

Radio Business

Dividend Declaration

The board declared a second interim dividend of ₹2.00 per equity share of face value ₹10.00 each, representing 20% of face value for FY2025-26. The dividend payment details are as follows:

Senior Management Changes

DB Corp announced significant changes in its senior management team during the board meeting. The company accepted the resignation of Amit Prakashrao Waghmare from the position of Chief Information Officer, effective January 31, 2026. Simultaneously, the board approved the appointment of Rakesh Khetan as the new Chief Information Officer, effective January 15, 2026.

New CIO Profile

Rakesh Khetan brings extensive experience to his new role:

• Educational background: B.Tech in Computer Science, MBA, and PGDBA
• Professional certifications: ITIL 4, SIAM Professional, Oracle Certified Professional
• Experience: Over 21 years in information technology, digital transformation, IT governance, and cybersecurity
• Previous organizations: IB Group, Adani Wilmar Limited, Olam Agro India Ltd., and Tata Motors Ltd.

Digital Business Performance

The company's digital platform continued to demonstrate strong growth momentum. Monthly Active Users (MAUs) reached approximately 21 million as of November 2025, reinforcing Dainik Bhaskar's position as the leading Hindi and Gujarati news app. The digital strategy focuses on high-quality content, superior user experience, and robust technology infrastructure to drive engagement and retention.

Market Context and Outlook

The quarter's performance was influenced by several factors including the shift of festive advertising spend to Q2FY26 and the absence of state election-related revenues that had boosted the previous year's results. Despite these challenges, the company maintained cost discipline and operational efficiencies, resulting in sequential growth in EBITDA and profit after tax on a quarter-on-quarter basis.

Management remains optimistic about the consumption outlook in India, citing expectations around the Union Budget, potential government pay revisions, and policy measures that could support spending in the fourth quarter. The company's strong brand presence, editorial connections, and growing digital reach position it well to capitalize on emerging opportunities.