Ybrant Digital Q3 net rises 12% to Rs 60 cr

The company's revenues rose 23% to Rs 424 cr

Ybrant Digital Limited, a Hyderabad-based digital marketing company, has reported a 11.76% increase in its net profit to Rs 60.33 crore for the third quarter ended December 2012, as against Rs 53.98 crore in the corresponding quarter last year.

The company’s revenues for the quarter under review stood at Rs 423.77 crore, as compared to Rs 344.61 crore during the same period a year ago, reflecting a growth of 22.97%.

Ybrant Digital’s scrip is currently trading at Rs 47.05 on the BSE, down 1.05%, over the previous close of Rs 47.55 a share.