LYCOS announces Q3 numbers

Hyderabad, Feb.8 (ANI-BusinessWire): LYCOS, one of the most widely known Internet brands in the world and one of the first search engines on the web, on Monday announced its unaudited financial results for the quarter ended 31st December 2015.

Some of the highlights are Q3 consolidated revenue of Rs.718.27 crores, up 20.58 percent year-over-year, Q3 consolidated EBITDA of Rs.199.94 Crores, Q3 profit after tax of Rs.125.17 crores, Q3 consolidated earnings per share (EPS) of Rs.2.63.

Revenue for Q3 FY2015-16 was Rs.718.27 crores, an increase of 27.11 percent Q-o-Q and 20.58 percent Y-o-Y. EBIDTA for Q3 FY2015-16 was Rs.199.94 crores, an increase of 9.42 percent Q-o-Q and increase of 22.35 percent Y-o-Y. PAT for Q3 FY2015-16 was Rs.125.17 crores, an increase of 19.02 percent Q-o-Q and increase of 26.60 percent Y-o-Y.

Revenue from Digital Marketing Segment for Q3 FY2015-16 was Rs.609.35 crores, an increase of 32.94 percent Q-o-Q and an increase of 23.58 percent Y-o-Y. PBT from Digital Marketing Segment for Q3 FY2015-16 was Rs.179.31 crores, an increase of 10.46 percent Q-o-Q and an increase of 25.86 percent Y-o-Y. Revenue from Software Development Segment for Q3 FY2015-16 was Rs.108.92crores, an Increase of 2.08 percent Q-o-Q and an increase of 6.18 percent Y-o-Y.

“The team has delivered great results in bringing home the numbers. Video and Programmatic advertising have dominated sales yet another quarter,” said Suresh Reddy, Chairman and CEO of LYCOS.

LYCOS is one of the original and most widely known Internet brands in the world, evolving from pioneering search on the web, into a family of three business units covering digital media, marketing, and Internet of Things (IoT).

LYCOS Media is a network of easy-to-use community and social sites in 120 languages across 177 countries. LYCOS’ award-winning products and services include tools for blogging, web publishing and hosting, online games, e-mail, and search. The LYCOS Network of sites and services include, Tripod, Angelfire, HotBot, Gamesville, WhoWhere, and LYCOS Mail.

LYCOS Advertising enables businesses, agencies, and online publishers worldwide in meeting their digital marketing needs, serving 40 billion impressions every month. Clients include leading blue-chip advertisers like 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. Publishers include Facebook, LinkedIn, MSN, Twitter, and Yahoo! LYCOS works with agencies like Havas Digital, JWT, Mediacom, Mindshare, Neo@Ogilvy, OgilvyOne, OMD, Satchi&Satchi, TBWA, and ZenithOptiMedia, to name a few.

LYCOS Life is the new consumer products division focused on IoT. LYCOS Life is dedicated to the future of communication and information management in which everyday objects will be connected to the internet, also known as the ‘Internet of Things’ (IoT).

LYCOS employs around 450 people working out of 24 offices worldwide, across the US, Israel, India, Western Europe, Australia and Latin America. (ANI-BusinessWire)

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