BSEBright Outdoor Media LtdMediumNeutral
Announced Tue, 2 Jun · 17:31 IST

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we are enclosing herewith the Business update of the Company.

Business Updates View source PDF

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AI summary

Bright Outdoor Media Limited, India's first listed OOH advertising company (BSE: 543831), announced the launch of two new back-to-back hoardings (40 ft x 30 ft each, totaling 4,800 sq ft) at the high-traffic Mira-Bhayandar corridor near Dara's Dhaba, connecting Mumbai to Ahmedabad, Surat, Vadodara, and other key regions. The company also introduced 'Bright's Curtain Raiser,' a new service format combining static hoardings with LED screens to support product launches, movie promotions, and brand events as a live stage. The company highlighted its H2 FY26 financials (Revenue ₹92.12 Cr, EBITDA ₹20.25 Cr, Net Profit ₹13.97 Cr) and full FY26 results (Revenue ₹155.43 Cr, EBITDA ₹35.23 Cr, Net Profit ₹24.05 Cr), along with its network of 490+ hoardings and 50+ digital LED billboards.

Likely market impact

This is a routine business expansion update showcasing incremental inventory addition and a new service offering; no specific revenue impact, order value, or contract details are disclosed, so meaningful stock price movement is unlikely unless investors read this as a positive growth signal for the OOH segment.