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Infomedia Press reports net loss of Rs 3.36 crore in Q2

01 Nov 2012 Evaluate

Infomedia Press has reported results for second quarter ended September 30, 2012.

The company has reported a net loss of Rs 3.36 crore for the quarter ended September 30, 2012 as compared to a net loss of Rs 13.80 crore for the same quarter in the previous year. Total income of the company has decreased by 60.32% at Rs 12.59 crore for quarter under review as compared to Rs 31.73 crore for the quarter ended September 30, 2011.

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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