The publisher has recorded ad revenue of Rs 254 crore for the quarter; expects further improvement in revenues in H2 on the back of lower inflation & increased government spending
While welcoming the rules, the representatives pointed out that they should be treated differently from news publishers who only existed in the digital space
DB Corp Non-Executive Director Agarwaal said that the group's circulation revenue has reached 85-90% in Q3 and has even touched 100% of the pre-COVID level in certain markets
As per the latest updates, circulation will resume day after but if the trend continues newspapers are set to be looking at a low top-line this quarter, say industry experts