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Times Internet eyes Rs 1,000-cr net revenue in FY17

Press Trust of India  |  New Delhi 

Times Internet, the digital products company owned by media conglomerate BCCL, is eying a net revenue of over Rs 1,000 crore during the current financial year.

"Over the last four years, we've focused on changing from being a media company to a full stack product and technology company. At this time, both our net revenues and audience reach have grown 3-4 times, which makes us feel positive about the effect of our strategy," Times Internet CEO Gautam Sinha said in a statement.

The company has crossed 175 million unique monthly visitors and "is on track to cross Rs 1000 crore in net revenue this fiscal year," it said.

The firm owned by Bennett Coleman & Co Ltd (BCCL) runs over 35 digital properties including Timesofindia.Com, Cricbuzz, Gaana.Com, MagicBricks and MensXP, among others.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, October 24 2016. 19:32 IST