NEW DELHI
May 19, 2006

Specialty media house Cyber Media India Ltd on Thursday posted a 40 percent increase in its net profit at Rs 6.02 crore compared to Rs 4.31 crore posted during the fiscal 2004-05. Riding on higher sales and improved EBIDTA margin, the company's revenues stood at Rs 80.55 crore, with a year-on-year growth of 21 percent compared to Rs 66.77 crore posted during the last fiscal.

The company's media segment revenue increased 29 percent to Rs 63.79 crore due to increase in revenues from publishing business by 43 percent YoY, to Rs 55.96 percent driven by 18.5 percent increase in number of ad pages as well as increase in ad rates. The company's online business recorded 42 percent growth in revenues at Rs 5.57 crore with increase in monthly page views to 45.3 million from 12.5 million.

Meanwhile, Cyber Media said its revenue from research business increased 47 percent YoY to Rs 12.18 crore. For the year 2005-06, the company saw an increase of 37 percent in its EBITDA to Rs 12.32 crore from Rs 8.99 crore from last year. EBITDA margin saw an increase of 15.3 percent year-on-year from 13.5 percent due to increase in margin in publication business to 20.2 percent YoY from 16.9 percent on account of ad pages and increase in ad rates.

At the same time, margin in online business saw a growth to 24 percent YoY from 13.9 percent on account of economies of scale. For the fourth quarter ended March 31, 2006, the company has recorded 12 percent increase in net profit to Rs 12.3 million from Rs 11 million during the fourth quarter last fiscal.

Gross income was up by 35 percent YoY to Rs 21.88 crore compared to Rs 16.2 crore posted during the corresponding quarter last year. EBITDA increased by 31 percent YoY to Rs 25.9 million from Rs 9.8 million in Q4 of 2004-05.

During the year, Cyber Media has acquired a strategic stake of 20 percent for $1 million dollar in Sx2 Media Labs LLC, the publishers of Computer Shopper, Digital Living and College Buying Guide, for strengthening synergies in the international market.

Also the company launched Global Services, in February 2006 and recorded opt-ins of 16,000 in the first two months. It signed up with marquee clients including Infosys, Genpact, Invitrogen, Agilent, Applied Bio Systems and HCL. BioSpectrum Asia, launched in January 2006, reached 5,000 members.

There was an additional investment of $1 million in the job board by Cyber Media and Dice Inc during the year. Clients of Job Board totalled 95, with number of registered users aggregating to 251,000.

A meeting of the Board of Directors of the company has recommended dividend at 10 percent (Rs 1.00 per share) for the year ending March 31, 2006, subject to approval of shareholders. The Board has also approved a scheme of amalgamation of two of its wholly owned subsidiaries, Cyber Media Digital Ltd and Cyber Media Events Ltd with the company, subject to the approval and directions of the High Court of Delhi and approval of Stock Exchanges, shareholders and creditors.

Page(s)   1