DB Corp, one of the print media companies in India, witnessed a drop in share price on Friday after it reported a fall in consolidated net profit for the quarter ended March 2015. During the quarter, the profit of the company fall 15.70% to Rs 639.98 million from Rs 759.20 million in the same quarter last year.
Total income for the quarter rose 7.16% to Rs 4,953.22 million, compared with Rs 4,622.3 million for the prior year period.
Shares of the company are trading at Rs 354, down Rs 10.5, or 2.88% at the Bombay Stock Exchange (BSE) on Friday at 11:42 a.m.
Total volume of shares traded on the bourses today was lower by 81.83% to 10,873 compared with 22-day average volume of 59,831.