 "Lycos Q2 net up 13% at Rs 106 crore")
Digital media and marketing company Lycos has reported a marginal increase in consolidated net profit at Rs 106.2 crore and 4.15 per cent rise in the total revenues at Rs 588.52 crore during the second quarter ended September 2016 as compared to the same quarter last year.
Revenue from digital marketing segment has improved 3.23 per cent at Rs 473.19 crore, and the revenue from software development segment grew 8.08 per cent at Rs 115.32 crore in the quarter under review, the company said.
The company's consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) has declined little over 1 percent to Rs 180.7 crore in the quarter compared with period previous fiscal.
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