PNC FY'09 net loss at Rs 16 million

PNC FY'09 net loss at Rs 16 million

MUMBAI: Pritish Nandy Communications Ltd has posted a consolidated net loss of Rs 16 million for the fiscal ended 31 March 2009, as against a Rs 66.5 million net profit a year ago.

Revenue halved to Rs 156 million, from Rs 330.1 million in FY‘08.

Income from content business dipped from Rs 307.3 million in FY‘08 to Rs 128.5 million in FY‘09. The segment turned into the red with a loss of Rs 44.3 million, compared to a Rs 74.1 million profit in FY‘08.

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