In an interview to CNBC-TV18, Girish Agarwaal, Promoter Director of DB Corp spoke about the latest happenings in the company and gave his outlook for the rest of the year.
In an interview with CNBC-TV18, Girish Agarwaal, Director of DB Corp, which publishes Dainik Bhaskar, talked about the speculation that the government may increase foreign direct investment (FDI) in the print media sector, as well as the business outlook on radio and web business.
Girish Agarwaal of DB Corp hopes to sustain the 38 percent margin coming from its radio business, and that ad revenues will bounce back in the first quarter of FY17.
Pawan Agarwal, Deputy Managing Director, DB Corp is confident of Rs 8-12 crore revenues from the new frequencies in FY17.
The company waited for almost five years for the phase-III auctions.
Agarwaal said newsprint prices have declined by USD 40/tonne and are now quoting at USD 540-560/tonne
Girish Agarwaal, Promoter Director, DB Corp says based on the pre-launch surveys and number of copies already booked, the paper will be number one from the day one. These copies have been booked for a one year period
Pradeep Dwivedi, DB Corp spoke about the positive impact of hike in DAVP ad rates on ad revenues.
Pawan Agarwal, Promoter Director of DB Corp expects circulation growth rate to be in single-digit this year on lack of any major expansions.
In an interview to CNBC-TV18, Girish Agarwaal, non-executive director of DB Corp says, the company expects FY13 to be a year of consolidation. He expects a top-line growth of around 15-18%.