Saturday, May 21, 2022

Hyderabad-based Brightcom Group Q3 net profit dips

By Telangana Today

Published: Published Date - 02:25 PM, Sun - 14 February 21

Source: Facebook The company's revenue for Q3 FY 2020-21 was at Rs 878.55 crores, an increase of 2.21 per cent year-on-year.

Hyderabad: Hyderabad-based digital marketing company Brightcom Group reported net profit for Q3 FY 2020-21 at Rs 138.60 crores, a decrease of 3.64 per cent year-on-year.

The company’s revenue for Q3 FY 2020-21 was at Rs 878.55 crores, an increase of 2.21 per cent year-on-year. Revenue from digital marketing segment for Q3 FY 2020-21 was Rs 796.13 crores, an increase of 6.24 per cent Y-o-Y while the revenue from software development segment for Q3 FY 2020-21 was Rs 82.42 crores.

The company’s EBITDA for Q3 FY 2020-21 stood at Rs 250.78 crores, an increase of 4.24 per cent year-on-year. The company said it has set up a new European office in Berlin during the quarter.

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