wordpress blog stats
Connect with us

Hi, what are you looking for?

Webchutney FY12: Revenue At Rs 21.5 Crore; Profit Of Rs 6.35 Crore; JuxtConsult, Blue Slate Media

Webchutney, the digital advertising agency and consulting firm, which is backed by Capital18, Network18’s investment arm, registered a profit of Rs 6.35 crore in the financial year 2011-2012, generating a revenue of Rs 21.55 crore.

Note that Network18 holds 230,410 shares of Webchutney Studios, with a 70.06% stake in the company, through its investment arms – it owns 49.42% of the shareholding through Capital18 Limited, Mauritius and 20.64% through Capital18 Fincap Private Limited, with 230,410 equity shares.

Webchutney’s clients include Airtel, Microsoft, Unilever, Marico, Titan, MasterCard, Barclays, Proctor & Gamble among others.

Sidharth Rao is the CEO of Webchutney. The company had recently shuffled its leadership team: Rahul Nanda, who was previously a COO had been promoted as partner and President, mobile initiatives. Nishi Kant was made COO, West and South, while Saket Vaidya was made COO for North. Tarana Mehta had been made Chief Strategy Officer, while Meghana Bhat had taken over as Executive Creative Director.

– JuxtConsult: Webchutney also owns a 60% stake (900 equity shares) in online research firm, Juxt Consult, and 100% stake (1,000 shares)  in Blue Slate Media. Juxt Consult registered a revenue of Rs 1.7 crore and a loss of Rs 37.94 lakh in FY12.

– Blue Slate Media, which runs IndiaDigitalReview* (erstwhile Alootechie.com), IndiaEducationReview, IndiaHospitalityReview and IndiaTourismReview recorded revenues of Rs 85.59 lakh and net profit of Rs 14.46 lakh. Note that Blue Slate had sold iGovernment.in to 9.9 Media in 2009.

Advertisement. Scroll to continue reading.

*Disclosure: IndiaDigitalReview covers digital media and technology, and hence competes with MediaNama

You May Also Like

News

Uber reported mixed Q1 2021 earnings with its revenue missing expectations but losses reducing significantly. More importantly, the ride-hailing and food-delivery giant offered signs...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ