Earnings: Rediff.com’s Revenues Grow By 48 Per Cent; In Profits

Q4 earnings for Indian portal Rediff.com came in good: Net profit for Q4 was $0.32 million, compared to a net loss of $0.3 million in the year-ago quarter. Revenues for Q4 increased by 48 per cent to $5.02 million, as compared to $3.4 million in the year-ago quarter. Revenues from India Online, which comprised online advertising and fee-based services, increased by 82 per cent to $3.16 million compared to $1.73 million during the year-ago quarter.

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