Cyber Media (India) Limited reported a 46% year-on-year increase in consolidated net profit to ₹162.61 lakh for the quarter ended June 30, 2026, driven by robust revenue growth in its Digital Services segment. Total income from operations surged to ₹5,111.82 lakh from ₹2,607.55 lakh in Q1FY26. The performance highlights the company’s strategic shift towards high-growth digital segments following recent capital restructuring, with the Digital Services segment contributing approximately 92% of total segment revenue.

The Board of Directors approved the unaudited financial results on July 24, 2026, after review by the Audit Committee on July 21, 2026. The results were subjected to limited review by statutory auditor S. Agarwal & Co., in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Newspaper advertisements were published in 'Financial Express' and 'Jansatta' on July 25, 2026, pursuant to Regulation 30 read with Regulation 47.

Segment Performance

The Digital Services segment was the primary growth engine, contributing ₹4,630.31 lakh in revenue compared to ₹2,209.00 lakh in the previous year. This segment delivered a segment result of ₹194.71 lakh. The Media Services segment contributed ₹410.27 lakh in revenue with a segment result of ₹41.58 lakh. Total segment revenue stood at ₹5,040.57 lakh.

Total expenses rose to ₹4,904.26 lakh from ₹2,477.38 lakh in Q1FY26, largely due to higher direct expenses of ₹4,404.88 lakh. Employee benefit expenses decreased to ₹353.08 lakh. Profit before tax increased to ₹207.55 lakh from ₹130.17 lakh.

Standalone Results

On a standalone basis, Cyber Media reported total revenue of ₹477.35 lakh, up from ₹395.32 lakh in Q1FY26. Standalone profit before tax stood at ₹18.06 lakh, compared to ₹2.98 lakh in the corresponding period last year. Earnings per share (basic) were ₹0.78 for the quarter.

What the Numbers Show

The disproportionate contribution of the Digital Services segment underscores the company’s successful pivot away from traditional media. While the Media Services segment maintains higher relative margins per unit of revenue, the volume growth in digital operations is driving overall profitability. Management noted that Q1 performance benefited from one-off projects, cautioning that this may not be indicative of forward-looking trends. The company also completed the forfeiture of 1,71,329 partly paid-up equity shares from its earlier right issue.

Cyber Media (India) Limited has received “no adverse observations” from BSE Limited and “No objection” from National Stock Exchange of India Limited regarding its proposed merger with Cyber Media Research & Services Limited. The exchanges issued their observation letters on June 25, 2026, following the company's application filed on January 31, 2026, under Regulation 37 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory clearance allows the company to proceed with filing the scheme with the National Company Law Tribunal (NCLT).

The merger involves Cyber Media Research & Services Limited as the Transferor Company and Cyber Media (India) Limited as the Transferee Company. The observation letters are valid for six months from June 25, 2026, within which the scheme must be submitted to the NCLT. The exchanges have stipulated that the company must incorporate their observations into the petition filed before the tribunal.

Regulatory Conditions and Disclosures

The exchanges have outlined specific conditions the company must meet. These include ensuring the proposed composite Scheme of Arrangement complies with Regulation 11 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company must disclose all details of ongoing adjudication, recovery proceedings, and prosecution initiated against the company, its promoters, and directors before the NCLT and shareholders.

Additionally, the company is required to ensure that all liabilities of the Transferor Company are transferred to the Transferee Company. The Transferee Company must also take necessary steps to complete the listing of securities and commence trading within sixty days of receiving the NCLT order.

Enhanced Shareholder Disclosures

To enable shareholders to make an informed decision, the company must provide comprehensive disclosures in the explanatory statement sent to shareholders. These disclosures include a small explanation of the scheme, the rationale for the merger, synergies, and a cost-benefit analysis. The company must also disclose the details of the Registered Valuer issuing the Valuation Report and the Merchant Banker issuing the Fairness Opinion, along with a summary of methods considered for arriving at the Share-Swap Ratio.

The company must also disclose the latest financials of both entities, not older than six months from the date of the Stock Exchange's No Objection Certificate, on its website and in the explanatory statement. Other mandatory disclosures include pre and post-scheme shareholding, capital build-up for the last three years, and details of revenue, PAT, and EBITDA for the last three years.

The Board of Directors had initially approved a name change from 'Cyber Media (India) Limited' to 'Cybermedia Network Limited' on May 06, 2026. However, the Board decided on June 19, 2026, to postpone this initiative until the merger with Cyber Media Research & Services Limited is completed. The information was disclosed to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.