Brightcom Group Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 03, 2023 at 02:03 pm EST
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Brightcom Group Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 28,651.69 million compared to INR 20,213.33 million a year ago. Revenue was INR 28,639.14 million compared to INR 20,212.91 million a year ago. Net income was INR 5,439.27 million compared to INR 3,714.46 million a year ago. Basic earnings per share from continuing operations was INR 2.69 compared to INR 2.142 a year ago. Diluted earnings per share from continuing operations was INR 2.69 compared to INR 2.13 a year ago.
For the nine months, sales was INR 60,288.44 million compared to INR 37,791.59 million a year ago. Revenue was INR 60,218.03 million compared to INR 37,782.64 million a year ago. Net income was INR 11,418.45 million compared to INR 6,891.42 million a year ago. Basic earnings per share from continuing operations was INR 5.66 compared to INR 3.972 a year ago. Diluted earnings per share from continuing operations was INR 5.66 compared to INR 3.948 a year ago.
Brightcom Group Limited is an India-based company, which consolidates advertising technology, new media and Internet of things (IoT) based businesses across the globe, primarily in the digital eco-system. The Companyâs clients include blue chip advertisers, such as Airtel, British Airways, Coca-Cola, Hyundai Motors, ICICI Bank, ITC, ING, Lenovo, LIC, Maruti Suzuki, MTV, P&G, Qatar Airways, Samsung, Viacom, Sony, Star India, Vodafone, Titan, and Unilever. Its publishers include Facebook, LinkedIn, MSN, Twitter, and Yahoo! Brightcom works with agencies like Havas Digital, JWT, Mediacom, Mindshare, Neo@Ogilvy, Ogilvy One, OMD, Satchi&Satchi, TBWA, ZenithOptiMedia and others. Its consumer products division is focused on IoT. Its LIFE product is dedicated to the future of communication and information management. The Company operates in the United States, Israel, Latin America ME, Western Europe and Asia Pacific regions.