Active Stocks
Thu Mar 28 2024 14:09:24
  1. Tata Steel share price
  2. 155.95 2.03%
  1. HDFC Bank share price
  2. 1,456.40 1.09%
  1. ITC share price
  2. 431.00 0.70%
  1. Power Grid Corporation Of India share price
  2. 277.70 2.45%
  1. State Bank Of India share price
  2. 756.35 3.04%
Business News/ Companies / Deccan Chronicle FY’09 net falls 53% at Rs142 cr
BackBack

Deccan Chronicle FY’09 net falls 53% at Rs142 cr

Deccan Chronicle FY’09 net falls 53% at Rs142 cr

Premium

Mumbai: Deccan Chronicle Holdings on Friday reported a 53.13% decline in consolidated net profit at Rs142.35 crore for the financial year ended March 2009.

The Hyderabad-based publishing house had a net profit of Rs303.66 crore in the fiscal ended 31 March, 2008, it said in a filing to the Bombay Stock Exchange.

The income from operations rose 8.22% to Rs968.33 crore in FY’09, from Rs894.76 crore in the year-ago period.

On a standalone basis Deccan Chronicle, publishes English dailes — Deccan Chronicle and Asian Age — posted a 48.49% decline in net profit at Rs140.07 crore for FY’09, from Rs271.94 crore in the year-ago period.

The income from operations rose 4.16% to Rs814.93 crore in FY’09, from Rs782.37 crore in the last fiscal.

Shares of Deccan Chronicle were trading at Rs81.30, up 1.88% in the afternoon trade on the BSE.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 26 Jun 2009, 04:34 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie