 "Lycos posts 27% rise in Q3 net at Rs 125 crore")
Lycos Limited (formerly Ybrant Digital Limited), a Hyderabad-based digital media company, has reported a 26.6% increase in its net profit to 125.17 Rs crore for the third quarter ended December 2015, as against Rs 98.87 crore in the corresponding quarter last year.
The company's revenues stood at Rs 718.27 crore in the quarter under review, as against Rs 595.67 crore during the same period a year ago, reflecting a growth of 20.58%.
The company is currently working on the re-launch its Lycos Media site, a network of easy-to-use community and social sites, as well as its services across the network, Lycos stating in a press release on Sunday.