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

Deccan Chronicle FY’09 net falls 53% at Rs142 cr
PTI
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First Published: Fri, Jun 26 2009. 04 34 PM IST
Updated: Fri, Jun 26 2009. 04 34 PM IST
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.
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First Published: Fri, Jun 26 2009. 04 34 PM IST