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Deccan Chronicle net dips 75%

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BS Reporter Hyderabad

Deccan Chronicle Holdings Limited, a Hyderabad-based publisher of English dailies Deccan Chronicle, Financial Chronicle and Asian Age and Telugu newspaper Andhra Bhoomi, reported a 75 per cent decline in net profit to Rs 25.67 crore for the third quarter ended December 31, 2008, as compared with Rs 102.94 crore in the corresponding quarter last year. 

Total income for the quarter stood at Rs 228.2 crore, as against Rs 226.4 crore during the same period a year ago, an increase of 0.79 per cent.

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First Published: Jan 30 2009 | 1:34 PM IST

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