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Rediff Q4 net dips 50% YoY

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BS Reporter Mumbai
Last Updated : Jan 19 2013 | 10:28 PM IST

Its revenues for the same period touched $9.06 million (around Rs 38 crore) -- an increase of 7 per cent over revenues from the quarter ended March 31, 2007.

Its India online revenues, which include advertising and fee-based revenues, totaled $7.18 million (around Rs 30 crore) -- an increase of 14 per cent compared to India Online revenues for the quarter ended March 31, 2007. While its US Publishing revenues for the quarter ended March 31, 2008 totaled $1.88 million (around Rs 80 crore) -- a decrease of 14 per cent over US publishing revenues for the quarter ended March 31, 2007. The company's operating profit (EBITDA) for the quarter under review was $1.41 million (around Rs 6 crore).

For the full year ended March 31, 2008, its net income touched $5.03 million (around Rs 21 crore), or 17.19 cents per ADS, compared to a net income of $6.99 million (around Rs 28 crore), or 24.04 cents per ADS, for the prior financial year. Its revenues touched $32.25 million (around Rs 135 crore) -- an increase of 13 per cent over last year's figure during the same period.

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First Published: May 23 2008 | 5:02 PM IST

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