CyberMedia has reported an 18 per cent jump in its revenues for the second quarter ended September 30, 2009, at Rs 26 crore, as compared to Rs 22 crore in the previous quarter. This has been attributed mainly to increased media spendings and consistent efforts by the company.
The EBITDA for Q2 FY10 stands at Rs 1.64 crore, as against a loss of Rs 1.23 crore in Q1 FY10. The company has attributed this turnaround to stringent cost-control measures and organisational restructuring.
CyberMedia is stated to be the largest specialty media house in South Asia with products like DataQuest, DQChannels, DQWeek, PCQuest, Voice & Data, Voice & Data Connect, and Living Digital, among others, in its kitty.