CyberMedia India Reports Q2 Results and Announces Merger with Cyber Media Research & Services
Cyber Media (India) Limited reported Q2 FY24 consolidated revenue of ₹24.21 crore, down from ₹25.85 crore in Q1 but up from ₹20.65 crore year-on-year. The company posted a profit of ₹87.09 lakh, reversing previous quarter's loss. Digital Services segment was the main revenue driver. The Board approved a merger with subsidiary Cyber Media Research & Services Limited (CMRSL), with a share exchange ratio of 35:8. The merger aims to create synergies and improve operational efficiency. Post-merger, promoter stake is expected to decrease to 50.13% from 66.57%.

*this image is generated using AI for illustrative purposes only.
Cyber Media (India) Limited, a prominent player in the Indian technology media landscape, has released its financial results for the quarter ended September 30, alongside a significant announcement of a merger with its subsidiary.
Q2 Financial Performance
Cyber Media reported a mixed set of results for the second quarter. The company's consolidated revenue from operations stood at ₹24.21 crore, showing a decline from ₹25.85 crore in the previous quarter. However, when compared to the same quarter last year, which recorded ₹20.65 crore, the company has shown year-on-year growth.
For the half-year period, Cyber Media's consolidated revenue reached ₹50.05 crore, up from ₹41.30 crore in the previous year, indicating a positive trend in overall performance.
Profitability Turnaround
In a notable turnaround, Cyber Media posted a consolidated profit after tax of ₹87.09 lakh for the quarter, reversing from a loss of ₹128.10 lakh in the previous quarter. This improvement in profitability suggests effective cost management and operational efficiency measures implemented by the company.
Segment Performance
Cyber Media operates through two main segments: Media Services and Digital Services. The Digital Services segment emerged as the primary revenue driver, contributing ₹20.49 crore to the quarterly revenue.
Standalone Performance
On a standalone basis, Cyber Media reported revenue of ₹3.72 crore for the quarter and ₹7.47 crore for the half-year period.
Merger Announcement
In a significant development, Cyber Media's Board of Directors has approved a Scheme of Amalgamation for the merger of Cyber Media Research & Services Limited (CMRSL) into Cyber Media (India) Limited (CMIL). This strategic move aims to consolidate operations and create a stronger entity in the digital marketing and media landscape.
Key Details of the Merger
Share Exchange Ratio: 35 fully paid-up equity shares of CMIL (face value ₹10 each) will be issued for every 8 fully paid-up equity shares of CMRSL (face value ₹10 each).
Rationale: The merger is expected to create synergies, improve operational efficiency, and enhance shareholder value.
Business Integration: CMRSL's expertise in ad tech and data analytics will complement CMIL's strong presence in technology media.
Financial Impact: Based on the latest available data, the merged entity is expected to have a stronger financial position.
| Particulars | CMIL (₹ in crore) | CMRSL (₹ in crore) |
|---|---|---|
| Turnover | 8.23 | 30.00 |
| Total Assets | 12.39 | 36.12 |
| Net Worth | (17.62) | 15.39 |
- Shareholding Changes: Post-merger, the promoter group's stake is expected to decrease from 66.57% to 50.13%, while public shareholding will increase from 33.43% to 49.87%.
The merger is subject to necessary approvals from shareholders, creditors, the National Company Law Tribunal (NCLT), and other regulatory authorities.
Cyber Media's strategic move to merge with its subsidiary CMRSL reflects the company's focus on strengthening its position in the evolving digital media and marketing landscape. As the integration progresses, stakeholders will be keenly watching how this consolidation impacts the company's future performance and market standing.
Historical Stock Returns for Cyber Media
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.35% | 0.0% | -2.75% | +29.88% | -30.74% | +700.93% |


































