Brightcom Group announces Q2FY21 results

Brightcom Group (NSE: BCG | BSE: 532368), the global Internet brand, yesterday announced its unaudited financial results for the quarter & half year ended 30th September, 2020.

The Highlights:

- Q2 consolidated revenue of Rs. 638.34 Crores, up 1.39% Y-o-Y.
- Q2 consolidated EBITDA of Rs. 198.52 Crores and PAT of Rs. 103.00 Crores.
- Q2 consolidated earnings per share (EPS) of Rs. 2.03.

Revenue for Q2 FY2020-21 was Rs. 638.34 Crores, an increase of 1.39% Y-o-Y and an decrease of 0.19% Q-o-Q. EBIDTA for Q2 FY2020-21 was Rs.198.52 Crores, an increase of 3.56% Q-o-Q and an increase of 1.70% Y-o-Y. PAT for Q2 FY2020-21 was Rs. 103.00 Crores, decrease of 2.34% Y-o-Y and an increase of 1.60% Q-O-Q.

Revenue from Digital Marketing Segment for Q2 FY2020-21 was Rs.557.27 Crores, an increase of 6.22% Q-o-Q and an increase of 7.90% Y-o-Y. PBT from Digital Marketing Segment for Q2 FY2020-21 was Rs.141.38 Crores, an increase of 2.16% Q-o-Q and an decrease of 2.22% Y-o-Y. Revenue from Software development Segment for Q2 FY2020-21 was Rs.81.06 Crores.

Shares of Brightcom Group Ltd was last trading in BSE at Rs.5.36 as compared to the previous close of Rs. 5.4. The total number of shares traded during the day was 5432554 in over 416 trades.

The stock hit an intraday high of Rs. 5.57 and intraday low of 5.25. The net turnover during the day was Rs. 30158203.

Source : Equity Bulls

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