Announced Sat, 17 Oct, 2026 · 18:23 IST

Bright Outdoor Media adds 22 new sites and 104 displays in Mumbai MMR

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction

Awaiting price reaction for this filing.

AI summary

Bright Outdoor Media expanded its advertising network in October 2026 by adding 22 new sites, 104 advertising displays, and 53,898 sq ft of advertising space across strategic locations in Mumbai MMR. The expansion includes JV partnerships and supports its digital LED advertising capabilities. Bright operates over 1,350 hoardings and owns 50+ of Mumbai's 120+ large digital LED billboards. H1 FY27 revenue was Rs 71.85 Cr with net profit of Rs 11.03 Cr. FY26 revenue was Rs 155.43 Cr, net profit Rs 24.05 Cr, and EPS Rs 12.26.

Likely market impact

Grows advertising inventory and market reach in a key region, supporting future revenue potential from a larger client base.