D B Corp Ltd (DBCORP)

DB Corp Reports Strong Q1 Results; Target Price Raised - 18 Jul, 2024

DB Corp's Q1 FY25 net profit increased by 50% YoY to Rs 117.8 crore, while its consolidated total income grew by 6.8% YoY to Rs 616.2 crore. CLSLA maintained an outperform rating and raised the target price on the stock to Rs 450 from Rs 330 earlier due to better-than-expected advertising revenue and EBITDA growth.

DB Corp Q1 Results Show YoY Growth in Revenue and Profit - 17 Jul, 2024

DB Corp's Q1 results show a 6.43% YoY increase in revenue and a 49.65% YoY increase in profit, with EPS at ₹6.87. However, compared to the previous quarter, revenue declined by 4.42%, and profit decreased by 3.81%. The company delivered -0.28% returns last week but showed impressive returns of 18.03% in the last six months and 37.77% YTD. Analysts recommend Strong Buy for DB Corp.

DB Corp Shares Hit 52-Week High After Strong Q1 Results - 16 Jul, 2024

DB Corp Ltd shares surged to a 52-week high of Rs 403.90 after the company reported strong Q1FY25 results with a 49% YoY increase in net profit to Rs 118 crore and a 6.5% YoY increase in revenue. The company's board also declared an interim dividend of Rs 7 per share.

D B Corp Ltd Shows Positive Dividend Trends and Valuation Attractiveness - 09 Jul, 2024

Despite volatile dividend payments in the past, DBCORP has shown positive trends with an increase in dividends announced recently. The company's P/E ratio is below the Indian market average, indicating valuation attractiveness. Dividends are well-supported by earnings and cash flows, suggesting sustainability amidst significant earnings growth reported for FY2023-24.

D. B. Corp Limited declares INR 8 per share interim dividend - 05 Jul, 2024

Despite a history of volatility and inconsistency, D. B. Corp Limited has declared an INR 8 per share interim dividend with a record date set for June 3, 2024. The company reported significant earnings growth to INR 4,255.23 million for FY2023-24 from INR 1,690.85 million in the previous year and maintains a sustainable payout with earnings coverage at 54.4% and cash flows at 43.6%.

D B Corp Ltd Reports Robust Growth and Interim Dividend - 02 Jul, 2024

Despite a volatile history, D B Corp Ltd's dividends have grown over the past decade, supported by earnings and cash flows. Recent financials show robust growth with net income rising to ₹4,255.23 million from ₹1,690.85 million YoY; further bolstered by a recent board decision to pay an interim dividend of ₹8 per share. The stock offers a dividend yield of 3.8%.