CyberMedia Q1 net up 23 p.c. YoY

NEW DELHI: CyberMedia India Ltd, 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.






© CyberMedia News