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%.
CNBC-TV18 caught up with Girish Agarwaal, director of DB Corp to get a review of the company’s performance and the scene beyond the numbers.
Director of DB Corp, Girish Agarwaal tells CNBC-TV18 that sluggish growth in national sales and notion foreign exchange losses dented profits in the second quarter.
Surprising the street and defying the industry speculated slowdown, media company DB Corp registered a growth of 21% in the first quarter results of FY12. In an exclusive interview with CNBC-TV18, Girish Agarwaal, director of DB Corp says the retail space in particular segments are untouched by the concerns of a slowdown in newspaper advertising.
Speaking to CNBC-TV18, Girish Agarwaal, Non-Executive Promoter Director, DB Corp said, the company will revise its advertising rates again this March which would take it to the next level on rate realisation.