Rediff posts net loss of $1.64 million

Rediff.com has posted a net loss of $1.64 million for the quarter 3 ended December 2009.

According to the reports, the loss is low as compared to the net loss of $2.75 million posted for the corresponding quarter of the previous fiscal year.

Reports say that the total revenue is also low by 11 per cent to $4.73 million during Dec 2009 ended quarter from $5.30 million posted for the third quarter of the previous fiscal year.