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Rediff.Com Reports Fiscal 2012 Fourth Quarter and Year-end Results
Mumbai, Maharashtra, India:Our overall revenues declined 18% in dollar terms on a year-over-year basis and 4% in dollar terms sequentially. Our EBIDTA has improved by 7% in dollar terms on a year-over-year basis and gross margins increased approximately 100 basis points over the fiscal fourth quarter last year and approximately 200 basis points sequentially. While advertising revenues were down for
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