Infomedia 18 has reported results for first quarter ended June 30, 2012.
On standalone basis, the company has reported a net loss of Rs 1.38 crore for the quarter ended June 30, 2012 against net loss of Rs 10.69 crore for the corresponding period last fiscal. Total income decreased by 57.52% at Rs 10.02 crore during the quarter under review from Rs 23.59 crore in the year-ago period.
Infomedia 18 is a printing and publishing company with a leading market presence in diverse business areas spanning Business Directories, Magazine Publishing, Printing Services and Publishing Outsourcing. A pan-Indian network covering 25 cities and over 2155 employees gives Infomedia a national footprint. Infomedia has recently forayed into the Publishing Outsourcing segment and is well-placed to consolidate its position in this market with tremendous growth potential.
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