CyberMedia Q1 net up 23% YoY

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DQChannels Bureau
New Update

CYBERMEDIA NEWS

CyberMedia India, South Asia's first and largest specialty media house with 12
publications on 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 percent from Rs 15.45 crore repor-ted for the year-ago quarter.

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Net profit for the first quarter this year was up 23 percent to Rs 1.26 crore
from Rs 1.03 crore last year due to higher sales.

The company has recorded an increase of 26 percent in EBITDA (Earnings Before
Interest Taxes Depreciation and Amortiza­tion), which clocked at Rs 2.75 crore
in comparison to Rs 2.19 crore in Q1 2005-06. For the first quarter the company's
EBITDA increa­sed 14.3 percent 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 YoY to Rs 11.74 crore. Revenues
from research business was up by 20.1 percent 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 increased by 47 percent YoY to Rs 1.48 crore due
to improvement in unique visitors and page views. CyberMedia Services achieved
70 percent YoY top line growth during the reporting quarter.

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Revenues from the media segment of the company was up by 24 percent 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 percent from 14.4 percent in Q1 2005-06, driven by growth from
mature business streams.

Revenues of the spe­cialty media house increa­sed 25.1 percent 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 magazine also re-launched
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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