Recently we heard that Rediff posted a net loss of $7.97 million for the year ended March 2010, as compared to a net loss of $11.26 million in the previous fiscal year. Revenues declined from $25.43 million recorded for the March 2009 ended year to $18.84 million in the 2009-10 fiscal year. During the March 2010-ended year, Rediff earned an interest income of $4.01 million.
