Publisher Jagran Prakashan Ltd today said net profit for the quarter ended 31 March was up 40.89% year-on-year at Rs21.81 crore on stronger ad sales. Net sales was up 6.59% at Rs197.57 crore. Total income grew 5.92% to Rs201.2 crore, even though it contracted marginally from Q3’s Rs207 crore. JPL…

NASDAQ-listed Rediff.com India Ltd. (NSDQ: REDF) publisher of Rediff.com and US-based India Abroad newspaper, today posted a net loss of $8.86 million (Rs41.89 crore @ Rs47.29/dollar), compared with a profit of $0.90 million during the year ago period on decline in online advertising and depreciation of the Indian rupee vis-a-vis…

Publisher HT Media today said net profit for the quarter ended 31 March dropped 44% from the year-ago period to Rs23.43 crore on account of higher newsprint prices, adverse currency movement and slowing ad revenue growth. Net sales grew 7% y-o-y to Rs333.82 crore, and total income grew 6% y-o-y…

Balaji Telefilms Ltd, the Mumbai-based producer of television software, posted its first quarterly loss yesterday. The company swung from a net profit of Rs23.85 crore for Q408 to a net loss of Rs14.62 crore for the corresponding quarter this fiscal. Consolidated net profit dropped 99.14% from Rs95.59 crore, to Rs47…

Broadcaster NDTV Ltd posted a net loss of Rs44.74 crore for the quarter ended 31 March, swinging from a profit of Rs3.31 crore during the year ago period, on significant non-recurring costs and falling ad revenues. For the fiscal ended 31 March, the company posted losses of Rs73.18 crore, compared…

Zee Entertainment Enterprises Ltd, one of India’s largest broadcasters, today said net profit for the quarter ended 31 March fell 8% to Rs72.54 crore as ad sales slowed. For the year ended 31 March, net profit rose 5% to Rs312 crore. The consolidated net profit (including the numbers of Taj…

Jagran Prakashan Ltd, publisher of India’s most read daily Dainik Jagran, said net profit for the quarter ended 31 Dec was Rs15.46 crore, down 40% year-on-year on slowing ad sales and high newsprint prices. Net sales grew just 3.81% y-o-y to Rs203.15 crore, pointing to sharply slowing ad sales growth.…

Nasdaq-listed Sify Technologies’ reported its Q2 FY09 results today showing a net loss of $ 5.32 mn compared to net loss of $ 0.83 mn in the same quarter in the previous year. The company’s revenues increased by 9% to $34.4 mn in Q2 this year over the same period…

The company’s profits stagnated on account of higher employee costs and advertising expenses. Info Edge (BOM: 532777) Ltd, the owners of job portal Naukri.com and matrimony portal Jeevansathi.com, has registered a close to 24 per cent growth in revenues in third quarter of 2008-09 compared to the same period last…

Live Current Media, the Canada-based domainer and owner of Cricket.com (and who also recently bagged the right to develop the IPL online portal IPL20), has reported Q2 revenue of $1.93 million, up 27 percent year over year. Almost all of the company’s revenue comes from Perfume.com, the domain-driven e-commerce site.…

Tata Comm has had a fairly active quarter, besides launching CDN services in partnership with BitGravity, it’s done a decent job of posting a 40% rise in net profits quarter-on-quarter. However, pay close attention to the same quater last year and you notice both total revenues and net profits have…

Geodesic Information Systems, the Mumbai-based developer of mobile communication tools (such as Mundu IM), has reported its quarterly earnings for the quarter ending June 30th, and its net profits for the quarter doubled to Rs. 584.49 million ($ 13.61 million) as compared to the year-ago quarter. Its revenues came in…

UTV reported a growth of 154 percent in total revenues for the quarter ending June 30, 2008,  over the previous sequential quarter, buoyed mostly by its films segment: Rs 1,452 million from 571 million, with a net profit of Rs 251 million up from 91 million. The PDF release on…

Web18 revenues were up 41% from Rs 9.3 crores to Rs 13.1 crores year-on-year. However, operating loss reported was Rs 5.6 crores, up 58% from Rs 2.3 crores in the same quarter last year.  Haresh Chawla, CEO, Network18, states they have planned a ‘big launch’ for In.com and intend to…

Sify Technologies announced quarterly revenue of $35 million, a 7 percent increase from $32.7 million in the year-ago quarter. The growth came entirely from the enterprise side of things, as consumer-revenue dipped 22 percent to $8.72 million. Net loss expanded to $2.39 million from $1.09 million, however the quarter included…

Rediff (NSDQ: REDF) has reported Q2 revenue of $8.32 million, a 22 percent increase from a year ago, helped by strong, 42 percent growth at the company’s India Online division. On the US Publishing side, revenue declined 19 percent to $1.76 million. Helped by a slightly expanded gross margin, and…

Eros International, the film production and distribution giant, posted 47% rise from 2007 in pre-tax profits $45.5 million. Its sales were 70% higher in the last financial year to 113 million dollars. 5 out of the top 10 box office successes were Eros releases with Om Shanti Om becoming the…

Sify Technologies has reported revenues of $150.59 million for the financial year ending 31st March 2008 (FY08), 11 percent higher than the previous fiscal. However, net profit was just $0.12 million, despite a one-time benefit of $3.1 million due to change in depreciation policy, which was offset by $3.97 million…

Rediff (NSDQ: REDF) has announced earnings of $32.25 million for the fiscal year ending March 31st 2008 (FY08), up 13 percent from the previous fiscal. However, while the companys registered a profit of $5.03 million, it was down 38 percent from $6.99 million from FY07. This, despite an increase in…