Rediff.com (REDF) reported that its fourth-quarter net loss widened to $2.32 million or $0.084 per ADS, from $1.42 million or $0.051 per ADS in the same quarter last year.
Net loss before income taxes also widened to $2.35 million from last year's $1.48 million in the prior year quarter.
Total revenues for the quarter declined to $4.18 million from $4.64 million in the prior year quarter.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.