Specialty media company CyberMedia continues to report losses, although there is some improvement: Rs 1.20 crore loss for the year ended March 31, 2014 (FY14), as compared to Rs 1.77 crore loss in the previous year. The total operational income saw a 16.4% decline to Rs 59.86 crore for the year, down from Rs 71.61 crore in FY13. For the quarter ending March 31, 2014 (Q4-FY14), CyberMedia posted a net loss of Rs 1.54 crore, an improvement from Rs 3.07 crore loss in the same quarter last year. The operational income however declined marginally by 2.13% year-on-year (YoY) to Rs 14.73 crore for the quarter, from Rs 15.05 crore in the same quarter last year. Note that these consolidated results include the results of the company’s wholly owned subsidiaries, Cyber Media Research, Cyber Media Services, Cyber Media Singapore, CyberMedia India and Cyber Astro and its associate companies Cyber Media Foundation, Cyber Media Careers and Any Time Media. Media Business: Revenues from the media business declined by 26% YoY to Rs 31.14 crore for FY14, from Rs 42.09 crore in FY13. The segment was however more profitable - posting a profit before tax of Rs 3.41 crore for FY14, as compared to Rs 0.90 crore profit in FY13. The decline in revenue also pulled the segment's contribution to 48.8% of CyberMedia's Rs 63.8 crore revenue (includes inter-segment revenue, hence higher than net revenue reported earlier), down from 57.6% in FY13. For the quarter Q4-FY14, the segment posted a profit before tax of Rs 1.41 crore,…
