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ICICI Securities: DB Corp - Ad Revenue Recovery Slower Than Expected

Cost savings continuing into FY22 and a return of ad revenues would significantly improve DB Corp’s free cash flow.

Newspapers stacked at a distribution center in New Delhi. (Photographer: Anindito Mukherjee/Bloomberg)
Newspapers stacked at a distribution center in New Delhi. (Photographer: Anindito Mukherjee/Bloomberg)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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