Business Standard

Rediff Q4 net dips 50% YoY

Image

BS Reporter Mumbai

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.

Don't miss the most important news and views of the day. Get them on our Telegram channel

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

Explore News