{"id":142042,"date":"2023-02-16T09:35:15","date_gmt":"2023-02-16T14:35:15","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142042"},"modified":"2023-02-16T09:35:16","modified_gmt":"2023-02-16T14:35:16","slug":"brightcom-group-ltd-nse-bcg-q3fy23-results-out-total-income-rise-42-yoy","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/brightcom-group-ltd-nse-bcg-q3fy23-results-out-total-income-rise-42-yoy\/","title":{"rendered":"Brightcom Group Ltd. (NSE: BCG): Q3FY23 Results Out; Total Income rise 42% YoY"},"content":{"rendered":"\n

Brightcom Group Ltd (NSE: BCG)<\/a> is a digital marketing company that provides a range of marketing and advertising services, including programmatic advertising, video advertising, and search engine marketing. The company operates globally and has offices in India, the United States, and Israel. Its goal is to help its clients effectively reach and engage their target audience across various digital platforms.<\/p>\n\n\n\n

The company reported strong results with consolidated revenues of Rs 2,865.1 crore and a net profit of Rs 543.9 crore, representing an increase of 42% and 46% YoY, respectively. The company’s focus continues to remain on improving its return on equity (ROE), which is currently at 25.16%. The main drivers of revenue were seasonality in the advertising business and a focus on impression-based and performance-based marketing.<\/p>\n\n\n\n

During the period ended December 31, 2022, Brightcom Group reported total income of Rs. 2863.9 crores, an increase from Rs. 1680.4 crore during the previous quarter. The company’s net profit also increased from Rs. 320.6 crore in the previous quarter to Rs. 543.9 crores during the period ended December 31, 2022. The company’s earnings per share (EPS) also increased from Rs. 1.59 to Rs. 2.69 during the same period.<\/p>\n\n\n\n

During the 9-month period ended December 31, 2022, Brightcom Group reported total income of Rs. 6021.8 crore, an increase from Rs. 3778.2 crore during the same period in the previous year. The company’s net profit also increased from Rs. 689.1 crore to Rs. 1141.8 crore during the same period. The company’s EPS decreased from Rs. 6.58 to Rs. 5.66 during the 9-month period ended December 31, 2022.<\/p>\n\n\n\n

Brightcom Group’s revenue growth was mainly driven by seasonality in the advertising business, where the third quarter always contributes the most. The company also focused on impression-based and performance-based marketing to gain a larger market share. The company added seven new ad agencies, 13 new direct advertisers, and two new newspaper relationships for its local news platform ‘Blocal’ exchange during the quarter. Additionally, the company increased options for publisher networks by offering optimum solutions between CPM, CPC, and CPA spending to maximize their revenues. On an annualized basis, the ROE is nearly 25.16%, indicating a strong performance in this area. The company continues to focus on improving this metric.<\/p>\n\n\n\n

Brightcom Group reported strong financial results in Q3FY23, driven by seasonality in the advertising business and a focus on impression-based and performance-based marketing. The company is focused on improving its return on equity and has begun to monetize its overseas subsidiaries. These results indicate that Brightcom Group is performing well and has a strong outlook for the future.<\/p>\n","protected":false},"excerpt":{"rendered":"

Brightcom Group Ltd (NSE: BCG) is a digital marketing company that provides a range of marketing and advertising services, including programmatic advertising, video advertising, and search engine marketing. The company operates globally and has offices in India, the United States, and Israel. Its goal is to help its clients effectively reach and engage their target […]<\/p>\n","protected":false},"author":1932,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,8],"tags":[8600],"class_list":["post-142042","post","type-post","status-publish","format-standard","hentry","category-earnings","category-technology-stocks","tag-marketing"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":141850,"url":"https:\/\/alphastreet.com\/india\/bharat-rasayan-ltd-nse-bharatras-ltd-q3-fy23-results-out-total-income-fell-7-yoy\/","url_meta":{"origin":142042,"position":0},"title":"Bharat Rasayan Ltd. (NSE: BHARATRAS) Ltd. : Q3 FY23 Results Out; Total Income fell 7% YoY","author":"Divyansh_Kasana","date":"February 15, 2023","format":false,"excerpt":"Bharat Rasayan Ltd (NSE:BHARATRAS) is an India-based company engaged in the manufacture and marketing of agrochemicals and pharmaceutical intermediates. The company produces a range of insecticides, fungicides, herbicides, and other crop protection products. It also produces intermediates for use in the pharmaceutical industry. The company exports its products to various\u2026","rel":"","context":"In "Agricultural Products"","block_context":{"text":"Agricultural Products","link":"https:\/\/alphastreet.com\/india\/category\/agricultural-products\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140177,"url":"https:\/\/alphastreet.com\/india\/coromandel-international-ltd-nse-coromandel-q3-fy23-results-out-total-income-rises-65-yoy\/","url_meta":{"origin":142042,"position":1},"title":"Coromandel International Ltd.(NSE: COROMANDEL)| Q3 FY23 Results Out| Total Income rises 65% yoy","author":"Divyansh_Kasana","date":"February 6, 2023","format":false,"excerpt":"Coromandel International Limited (NSE:COROMANDEL) is an Indian agricultural company that specializes in fertilizers, crop protection, and speciality nutrients. The company operates through three business segments: fertilizers, speciality nutrients, and crop protection. Coromandel is a subsidiary of the Murugappa Group, one of India's largest business conglomerates. The company operates in India\u2026","rel":"","context":"In "Agricultural Products"","block_context":{"text":"Agricultural Products","link":"https:\/\/alphastreet.com\/india\/category\/agricultural-products\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/eac9ecd0-618a-4b65-933b-0baf6719a320-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/eac9ecd0-618a-4b65-933b-0baf6719a320-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/eac9ecd0-618a-4b65-933b-0baf6719a320-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/eac9ecd0-618a-4b65-933b-0baf6719a320-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/eac9ecd0-618a-4b65-933b-0baf6719a320-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/eac9ecd0-618a-4b65-933b-0baf6719a320-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142911,"url":"https:\/\/alphastreet.com\/india\/earnings-dabur-india-ltd-nse-dabur-q3fy23-results-out-total-income-rise-3-yoy\/","url_meta":{"origin":142042,"position":2},"title":"Earnings | Dabur India Ltd. (NSE: DABUR): Q3FY23 Results Out; Total Income rise 3% YoY","author":"Divyansh_Kasana","date":"February 27, 2023","format":false,"excerpt":"Dabur India Ltd. (NSE: DABUR) is a leading consumer goods company in India that offers products in the healthcare, personal care, home care, and foods categories. The company's portfolio includes popular brands such as Dabur Amla, Vatika, Real, and Fem. It has a strong presence in India and other countries,\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142235,"url":"https:\/\/alphastreet.com\/india\/chambal-fertilisers-chemicals-ltd-nse-chamblfert-q3fy23-results-out-total-income-rise-75-yoy\/","url_meta":{"origin":142042,"position":3},"title":"Chambal Fertilisers & Chemicals Ltd. (NSE: CHAMBLFERT): Q3FY23 Results Out; Total Income rise 75% YoY","author":"Divyansh_Kasana","date":"February 17, 2023","format":false,"excerpt":"Chambal Fertilisers & Chemicals Limited (NSE: CHAMBLFERT) is an Indian company engaged in the manufacturing and marketing of urea, di-ammonium phosphate (DAP), and other fertilizers. The company has a significant market share in the fertilizer industry in India and has three production sites located in the states of Rajasthan, Madhya\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146143,"url":"https:\/\/alphastreet.com\/india\/earnings-affle-india-limited-nse-affle-q4fy23-results-out-total-income-rises-8-yoy\/","url_meta":{"origin":142042,"position":4},"title":"Earnings | Affle India Limited (NSE: AFFLE): Q4FY23 Results Out; Total Income rises 8% YoY.","author":"Divyansh_Kasana","date":"May 15, 2023","format":false,"excerpt":"Affle India is a Singapore-based technology company that specializes in consumer intelligence and mobile advertising. With its proprietary consumer intelligence platform, the company enables targeted consumer acquisitions, engagements, and transactions through mobile advertising. Founded in 2005, Affle India expanded to the Indian market in 2006. The company leverages its expertise\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-24.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-24.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-24.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-24.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-24.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-24.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142603,"url":"https:\/\/alphastreet.com\/india\/earnings-bajaj-holdings-investment-ltd-nse-bajajhldng-q3fy23-results-out-total-income-rise-5-yoy\/","url_meta":{"origin":142042,"position":5},"title":"Earnings | Bajaj Holdings & Investment Ltd. (NSE: BAJAJHLDNG): Q3FY23 Results Out; Total Income rise 5% YoY","author":"Divyansh_Kasana","date":"February 23, 2023","format":false,"excerpt":"Bajaj Holdings & Investment Ltd. (NSE: BAJAJHLDNG) is an Indian conglomerate holding company that invests in various industries such as financial services, insurance, and healthcare. It is the parent company of Bajaj Group, which includes Bajaj Auto, Bajaj Finserv, and other subsidiaries. The company's primary focus is on strategic investments,\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142042"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142042\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}