Indian media group, Cybermedia, posted a net profit for the quarter ended 30th September. Net profit in the second quarter of their financial year was a modest US$37,000. This is a considerable improvement over the loss of US$180,000 recorded in the same quarter in 2013.
Overall revenues were US$2.64 million – up 14% over the same quarter in 2013. Cybermedia’s Media Services Business grew by 38% and accounted for nearly 67% of total revenues. Cybermedia’s key businesses in this segment include: Cybermedia Research (IT & telecom research), TDA Group (content marketing agency) and Content Matrix (custom media solutions).
Source: Business Strategies Group Hong Kong – wwwbsgasia.com