Company Profile For Rediff.com India Limited

Rediff.com India Limited (REDF.O) (Consolidated Issue listed on NASDAQ Global Market)

sector: Technology · industry: IT Services & Consulting ·

As of 25 Nov 2009

2.97USD

Price Change

+0.06

Percent Change

+2.06%

Analyst Recommendations

Overview

Rediff.com India Limited (Rediff) is engaged in providing online consumer offerings in India and to the global Indian community. The Company’s Websites in India and the United States consist of communication services, such as e-mail and instant messaging, news and information channels, community features, including a video sharing platform, sophisticated search engines, and mobile and online marketplace services. The Company also publishs two weekly newspapers aimed at the Indian-American community based in the United States and Canada: India Abroad and India in New York. As of March 31, 2009, it operates in two business segments, the India Online business and the United States Publishing business.

Quick Financial Synopsis

BRIEF: For the fiscal year ended 31 March 2005, Rediff. com India Limited's revenues increased 43% to RS317M. Net loss decreased 72% to RS56.7M. Revenues reflects an increase in income from online advertising and higher income from fee based services. Lower loss reflects an increase in gross margins, lower depreciation charges, decreased loss on sale of fixed assets, lower recruitment expenses and a fall in other expenditure.

Company Address

Rediff.com India Limited
Mahalaxmi Engineering Estate
1st Floor, LJ 1st Cross Road
Mahim (West)
Mumbai 400 016
P: +9122.24449144
F: +9122.24455346