NEW DELHI
JULY 25, 2006
CyberMedia India,
South Asia's first and largest specialty media house with twelve publications in
infotech, telecom, consumer electronics and biotech areas has posted a gross
income of Rs 19.25 crore for the first quarter ended June 30, 2006, up 25 per
cent from Rs 15.45 crore reported for the year-ago quarter.
Net Profit for the
first quarter this year was up 23 per cent to Rs 1.26 crore from Rs 1.03 crore
last year due to higher sales.
The company has
recorded an increase of 26 per cent in Earnings Before Interest Taxes
Depreciation and Amortization (EBITDA) to Rs 2.75 crore from Rs 2.19 crore in Q1
2005-06. For the first quarter the company's EBITDA increased 14.3 per cent
after absorbing operating losses in new businesses.
Riding on higher
value ad realization and growth in ad pages, revenues from publishing business
increased 13.7 percent year-on-year (YOY) to Rs 11.74 crore. Revenues from
research business up by 20.1 per cent YoY to Rs 3.21 crore due to boost in
research demand led by growth in IT and Telecom sector in India.
Revenue from
online business rose 47 per cent YoY to Rs 1.48 crore due to improvement in
unique visitors and page views. CyberMedia Services achieved 70 per cent YoY top
line growth during the reporting quarter.
Revenues from the
media segment of the company was up by 24 per cent YoY to Rs 14.49 crore from Rs
11.69 crore due to higher value ad realization and buoyancy in advertisement
spends for publishing and online businesses. PBIT margins increased to 18.1 per
cent from 14.4 per cent in Q1 2005-`06, driven by growth from mature business
streams.
Revenues of the
specialty media house increased 25.1 per cent YoY to Rs 5.16 crore from Rs 4.13
crore in Media Services Segment for the first quarter due to growth in research
business and better performance of BPO business. The segment has witnessed
negative PBIT margins due to the continuation of investment phase of content
services and job board business.
During the quarter
CyberMedia Dice campaign was launched for brand awareness to garner more
profiles. Living Digital relaunched with a new look targeted at 20-40-year-old
upwardly mobile gadget savvy men. Global Services got 25,000 opt-in subscribers
during the first quarter.
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