Deccan Chronicle Q3FY08 Net Sales up by 48% at Rs 216.20 crore

PAT up by 113% at Rs. 102.94 crore

Secunderabad, 28th January, 2008:

Deccan Chronicle Holdings Limited, one of the leading English daily in the country today reported a net profit of Rs 102.94 crore for the quarter ended December 31, 2007 a jump of 113 % as against Rs 48.44 crore posted in the same period of last fiscal. Net Sales for the quarter grew by 48% to Rs 216.20 crore as compared to Rs 146.39 crore in the year ago period.

Earnings Per Share (EPS) for Q3FY08 worked out to Rs 4.21 (face value of Rs 2) as compared to Rs 2.27 (face value of Rs 2) in the third quarter of FY07.

Net Sales for nine months stood at Rs 577.32 crore, a growth of 42 % as compared to Rs 405.23 crore posted in the same period last year. Net profit was at Rs 269.29 crore, a jump of 98% as against Rs 135.98 crore posted in the same period of last fiscal.

Key Numbers

Formation of a Joint Venture Company together with Group M (a WPP Company) to explore and create a substantial market in the sport and event management space through its wholly owned subsidiary Sieger Solutions Limited.

Won the Indian Premier League (IPL) bid for the Hyderabad Team

Approved launch of Financial Daily & appointed Mr. Shubhrangshu Roy as Chief Operating Officer (COO)

Appointed Mr.Mohit Mohan as Chief Executive Officer (CEO) of Odyssey India Limited (Earliar Head Operations Walmart International)

Net sales for Q3FY08 up by 48 % at Rs 216.20 crore

Net Profit for Q3FY08 up by 113 % to Rs 102.94 crore

EPS for Q3 FY08 Rs 4.21 (face value of Rs.2) as against Rs.2.27 in Q3 FY07

Nine month Net sales grew by 42 % to Rs 577.32 crore

Nine months Net Profit rose by 98% at Rs 269.29 crore

Nine months EPS at Rs 11.12 as against Rs 6.52 in nine months FY 07

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