The gross profit from India & South East Asia region for IMImobile declined by 15% to £5 million for year ended March 31, 2015 from £5.9 million from last year. IMImobile said that the profits continued to decline due to the implementation of TRAI's consumer protection guidelines for VAS fraud. "The continued decline is a direct consequence of the implementation of new consumer protection regulation that has impacted our customers, chiefly the mobile network operators," IMImobile said in its annual report. The total revenues from the region however increased 13% to £9.6 million for the financial year, from £8.5 million revenues last year. The region accounted for 19.63% of IMIMobile’s overall revenues which was at £48.9 million for the full year, up 13 % from last year. Operational highlights - Renewal of several major contracts including the BBC, a multi-national North African telecoms operator and a major motoring organisation. Note that IMImobile had deployed its mobile & social audience…
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