INDIA FD INC
SymbolIFN

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The India Fund, Inc. Announces Earnings For The Nine Months Ended September 30, 2009

2009-11-03 19:00 ET - News Release


Company Website: http://www.blackstone.com/india-asia/india/fact_sheet.html
NEW YORK -- (Business Wire)

The India Fund, Inc. (NYSE: IFN; the “Fund”), a closed-end management investment company that seeks long-term capital appreciation by investing primarily in equity securities of Indian companies, today announced unaudited results for the nine months ended September 30, 2009.

For the nine months ended September 30, 2009, the Fund’s net realized losses were $18,615,494 and the net change in unrealized gains was $554,396,536. Net investment income for the nine months ended September 30, 2009 was $850,424. For the same nine month period ended September 30, 2008, the Fund's net realized gains and net change in unrealized losses were $256,104,787 and $1,566,378,981, respectively. Net investment loss was $992,689.

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