Business Daily from THE HINDU group of publications
Friday, May 04, 2007
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Business Daily from THE HINDU group of publications Friday, May 04, 2007 ePaper |
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Corporate Results
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Music & Dance Saregama India net up at 58% Our Bureau
Mumbai May 3 Saregama India Ltd recorded a growth of around 58 per cent in net profit for fiscal 2007. Net profit for the year stood at Rs 13.99 crore, up from Rs 8.87 crore in the last fiscal. Net revenue reported a growth of 14 per cent at Rs 135.55 crore as against Rs 118.87 crore. Net profit for the quarter ended March 31, 2007 saw a growth of 157 per cent at Rs 4.31 crore against Rs 1.68 crore for the corresponding quarter last year. However, net revenue for the quarter grew marginally by around 1 per cent at Rs 32.11 crore as against Rs 31.93 crore. The company posted a growth of 110 per cent in consolidated net profit at Rs 13.37 crore for the fiscal 2007 as against Rs 6.36 crore in the last fiscal.
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