CyberMedia net up 103%

Specialty media house CyberMedia (India) Ltd has reported its results for the
first quarter of the financial year 2005-06. The company's net profit,
including non-recurring income, increased to Rs 10.25 mn from Rs 5.05 mn, up
103% from the corresponding period a year ago.

Before non-recurring income, the company's net profit increased to Rs. 7.40
mn from Rs. 5.05 mn YoY, up 47%. Operating margins showed an increase of 13%
during this period.

The company said its gross income increased to Rs 151.64 mn from Rs 118.38 mn,
up 28%. The earnings per share registered an increase of 48% YoY.

Operating profit (EBITDA) increased 49% YoY to Rs 19.02 mn from Rs 12.73 mn
in the first quarter. The operating profit margin also increased to 13% from
11%, as the media house benefited from economies of scale and its strategy to
move to high margin businesses from low margin ones.

Announcing the Q1 results here, Pradeep Gupta, MD, CyberMedia, said,
"Our strategy of focusing on high growth, high margin businesses has
started giving positive results with operating margins improving to 13%. Also,
the last quarter has seen us commence our 'Content BPO' operations with an
initial manpower of around 90 professionals."

The media house made its debut in the Indian bourses with listing of its
share earlier this month. The company commenced operations of CyberMedia Dice
Careers Limited, a 49:51 joint venture with Dice Inc. USA, during the quarter.

Focusing on high growth, high margin businesses has started giving positive results with operating margins improving to 13% PRADEEP GUPTA

The company said it is finalizing an alliance with a US publishing company
for the distribution of a new publication for the BPO sector — 'Global
Outsourcing'. CyberMedia Events has added clients such as Governments of
Punjab, Haryana and UT of Chandigarh. Established in 1982, CyberMedia has 10
publications in the infotech, telecom, consumer electronics and biotech areas;
and an end-to-end media value chain including the Internet, events and
television.

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