Friday 17 January 2014

DB Corp gains on reporting 34% rise in Q3 consolidated net profit

DB Corp is currently trading at Rs. 310.00, up by 3.80 points or 1.24% from its previous closing of Rs. 306.20 on the BSE.

The scrip opened at Rs. 306.10 and has touched a high and low of Rs. 310.00 and Rs. 306.10 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 321.50 on 16-Jan-2014 and a 52 week low of Rs. 210.05 on 26-Mar-2013.

Last one week high and low of the scrip stood at Rs. 321.50 and Rs. 270.00 respectively. The current market cap of the company is Rs. 5,686.00 crore.

The promoters holding in the company stood at 81.51% while Institutions and Non-Institutions held 15.56% and 2.93% respectively.

The company has registered a rise of 30.70% in its net profit at Rs 94.83 crore in Q3FY14 as compared to Rs 72.55 crore in the corresponding quarter previous year. The total income from operation of the company has increased by 18.03% to Rs 512.94 crore for the quarter under review as compared to Rs 434.58 crore in the same quarter last year.

On the consolidated basis, the company has reported 33.76% rise in its net profit at Rs 94.46 crore for the quarter as compared to Rs 70.62 crore for the same quarter in the previous year. Total income from operation of the company has increased by 18.07% at Rs 518.2 crore for quarter under review as compared to Rs 438.88 crore for the quarter ended December 31, 2012.

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