DB Corp Reports Q3FY26 Results with ₹6,293 Crores Revenue, Declares ₹2 Interim Dividend
DB Corp Limited reported Q3FY26 consolidated revenue of ₹6,293.28 crores, down 4.0% year-on-year, with net profit of ₹955.09 crores. The company declared a second interim dividend of ₹2 per share and announced management changes including the appointment of Rakesh Khetan as new Chief Information Officer. Digital business maintained strong momentum with 21 million monthly active users.

*this image is generated using AI for illustrative purposes only.
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.
| Metric | Q3 FY26 | Q3 FY25 | Change (%) | 9M FY26 | 9M FY25 | Change (%) |
|---|---|---|---|---|---|---|
| Total Revenue | ₹6,293.28 cr | ₹6,556.41 cr | -4.0% | ₹18,512.34 cr | ₹18,544.18 cr | -0.2% |
| Net Profit | ₹955.09 cr | ₹1,182.10 cr | -19.2% | ₹2,698.07 cr | ₹3,186.49 cr | -15.3% |
| EBITDA | ₹1,592 cr | ₹1,902 cr | -16.3% | ₹4,560 cr | ₹5,252 cr | -13.2% |
| EBITDA Margin | 25.0% | 29.0% | -400 bps | 24.6% | 28.3% | -370 bps |
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
| Parameter | Q3 FY26 | Q3 FY25 | Change (%) |
|---|---|---|---|
| Segment Revenue | ₹5,643.01 cr | ₹5,941.78 cr | -5.0% |
| Segment Results | ₹1,079.17 cr | ₹1,428.08 cr | -24.4% |
| Advertisement Revenue | ₹3,986 cr | ₹4,282 cr | -6.9% |
Radio Business
| Parameter | Q3 FY26 | Q3 FY25 | Change (%) |
|---|---|---|---|
| Segment Revenue | ₹410.16 cr | ₹486.45 cr | -15.7% |
| Segment Results | ₹90.27 cr | ₹147.66 cr | -39.0% |
| EBITDA | ₹127 cr | ₹187 cr | -32.1% |
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:
| Parameter | Details |
|---|---|
| Dividend Amount | ₹2.00 per share |
| Record Date | January 22, 2026 |
| Payment Date | On or before February 13, 2026 |
| Face Value | ₹10.00 per share |
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.
Historical Stock Returns for DB Corp
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.02% | -3.95% | +1.05% | -9.24% | -10.30% | +191.95% |





































