Top Story


Home >> Media - Others >> Article

CyberMedia Q2 net profit up 51 per cent at Rs 19.94 million

Font Size   16
CyberMedia Q2 net profit up 51 per cent at Rs 19.94 million

Specialty media house, CyberMedia Ltd saw its net profit going up 51 per cent in the second quarter to Rs 19.94 million as compared to the corresponding quarter in 2004-05 due to higher sales and improved operating profit margins and lower interest cost.

Total income of the company is up 26 per cent (year-on-year) to Rs 212.75 million as compared to Rs 168.67 million last year.

Revenue from the online business has gone up by 72 per cent compared to 40 per cent in case of the publishing business and 56 per cent for the research business. Operating profit (EBITDA) of the company also increased by 36 per cent y-o-y to Rs 36.39 million from Rs 26.74 million in Q2 last year due to steady increase in advertisement rates.

Speaking on the results, Pradeep Gupta, Managing Director, CyberMedia, said, “Our strategy of focusing on high growth, high margin businesses has started giving positive results with operating margins improving to 17.4 per cent. The profits could have been better but for the fresh investments made in CyberMedia Dice (Rs 5.1 million) and CyberMedia Services BPO (Rs 5.7 million). Our pioneering effort for globalising the print media is also progressing well, and both our new projects – Global Outsourcing and BioSpectrum will be launched before schedule.”

The company recently formed a 50:50 JV with CMP Media, called CMP Cyber Media LLC, for publishing and marketing ‘Global Outsourcing’, a publication for the BPO sector, which is expected to be launched in January, 2006.

Other than its well-known business operations in publishing, outsourcing, research and online spaces, CyberMedia also produces a career-based programme – ‘Career Batein’ – for Doordarshan.


Vijay Mansukhani, speaks to exchange4media about the resurgence of Onida, the scope of growth of consumer electronics market in India and the reasons why Indian consumer electronics brands don’t compete on a global scale

Projjol Banerjea opens up about hiring Anne Macdonald and GroupM's Rob Norman, and the brand's new identity

Meera Iyer tells exchange4media that in FY 2016/17, bigbasket clocked a revenue of Rs 1,400 crore. The online supermarket currently stands at 70,000 orders a day, with operations in 25 cities.

CMO, Kashyap Vadapalli on the start-up’s marketing play, why it has decided to stay away from IPL and response to its furniture rental apps

The campaign, featuring brand ambassador Farhan Akhtar, exhorts consumers to showcase their achievements through the walls of their homes.

We list a few important stories that you may have missed in the week gone by

The campaign takes the narrative forward to persuade prospective investors to invest in mutual funds