DB Corp posts ~8% higher net profit in Q3

DB Corp posts ~8% higher net profit in Q3
DB Corp released it Q3FY20 results today. The comapany registered a fall of 9.2% yoy at Rs599cr in revenues for the quarter ended December 31, 2019.

The comapany's net profit came in higher at Rs81.6cr, up 7.9% yoy vs. Rs75.6cr in Q3FY19. For the quarter under review, the EBITDA grew flattish, up mere 1.4% yoy at Rs141.6cr vs. Rs139.7cr in the corresponding quarter previous year. The margins came in at 23.7%, higher 250bps yoy vs. 21.2% in Q3FY18.

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