Rediff.com has reported a net loss of $3.39 million for the quarter ended March 31, 2014 (Q4-FY14), as compared to $3.47 loss in the same quarter last year. On the operating front, this is effectively Rediff's 25th straight loss making quarter. While the company had reported a profit of $1.06 million in Q2-FY14, this was on account of the sale of an equity investment for $2.74 million. The total revenues also declined by 4% year-on-year (YoY) to $4.01 million for the quarter, from $4.18 million in the same quarter last year. The company however noted that on rupee terms, the revenues grew by 10% for the quarter. This was driven by an increase in the company’s fee-based revenues and online shopping revenues, offset by declines in online advertising revenues and its traditional U.S. publishing business. While Rediff hasn't disclosed any data…
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