Bright Outdoor Media announces strong growth, dividend, and bonus issue

Bright Outdoor Media Limited reported a robust financial year, with total income increasing by 19.3% year-on-year to ₹128.05 crore for FY 2024-25. Net profit rose 18.9% to ₹19.07 crore, and earnings per share stood at ₹13.11, up from ₹11.45 in the prior year. The company's board recommended a 5% dividend for shareholders and approved a bonus issue at a 1:2 ratio.

Operational achievements include the launch of 13 new LED billboards across Mumbai's high-traffic zones and securing significant transit contracts, such as a 10-year exclusive right on Navi Mumbai Metro Line 1 (85,000 sq ft) and a 7-year bulk advertising contract with Western Railways (17,555 sq ft). The company also diversified into 360° media solutions, including ATL-BTL campaigns, events, PR, celebrity engagement, digital marketing, and ad-film production.

The company's authorized share capital increased to ₹22,00,00,000, comprising 2,20,00,000 equity shares of ₹10 each. It also appointed M/s Nikunj Kanabar & Associates as secretarial auditors for five years, commencing April 1, 2025. The 20th Annual General Meeting is scheduled for Monday, September 29, 2025.