Mid-day Multimedia Q4 net loss at Rs 1.39 cr

MUMBAI: Media firm Mid Day Multimedia on Wednesday said it narrowed its consolidated net loss to Rs 1.39 crore in the quarter ended March 31, 2010.

The company posted a net loss of Rs 9.92 crore in the fourth quarter of FY2009, Mid Day Multimedia said in a filing to the Bombay Stock Exchange.

Total income rose to Rs 31.74 crore for the quarter ended March 31 from Rs 26.93 crore in the same period last year.

For the year ended March 31, 2010, the company posted a net loss of Rs 3.93 crore, in comparison to a net loss of Rs 40.11 crore in the previous year.