The digital marketing business of Ybrant Digital reported a loss before tax of Rs 89.3 crore for the quarter ending March 31, 2012, a significant decline from Rs 31.88 crore profit in the same quarter last year and Rs 54.94 crore profit in the previous quarter. The segment however reported an increase in its revenues year on year to Rs 205.5 crore for the quarter, up 31.48% from Rs 156.3 crore revenues in the same quarter last year but down 17.4% from Rs 248.7 crore in the previous quarter. For the year ending March 31, 2013 (FY13), the profits were pulled by the loss during the quarter, with the net profit declining to Rs 62.82 crore for FY13, down 57% from Rs 146.18 crore in FY12. The segment revenues however increased to Rs 859.3 crore for FY13, up 42.5% from Rs 603 crore in FY12. Software Development Business: The company also has a software development business which reported a net loss of Rs 49.4 crore for the quarter, a significant decline from Rs 32.38 crore profit in the same quarter last year and Rs 30.01 crore profit in the previous quarter. The segment also saw a decline in its revenues year on year to Rs 176.5 crore for the quarter, down 8.6% from Rs 191.6 crore revenues in the same quarter last year but marginally up from Rs 175.1 crore in the previous quarter. Financials: Overall, Ybrant Digital posted a net loss of Rs 119.18 crore for the quarter, a major decline from Rs 45.04 crore profit…
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