CARLTON has posted its second straight financial loss, falling further behind rivals Collingwood and Richmond with a loss of $0.9 million for the financial year ending October 31.

The Magpies this week announced an operating profit of more than $1.8 million, while Richmond recorded a profit of $459,000 despite a significant increase in its football department spending.

The Blues, who have posted losses in three of the past four years, released a statement on Saturday afternoon, noting 2015 had been one of the club's most challenging years.

The costs associated with player injury payments and restructuring the football and administration departments were cited as reasons for the poor result, which followed last year's $1.6 million loss.

The Blues also highlighted a drop in attendances as the team finished on the bottom of the ladder with only four wins for the season.

"Aside from our win-loss record there are other factors that led to this result," president Mark LoGiudice said.

"Our management team is committed to returning Carlton to a financial surplus during 2016, this will be through strong cost control and growing traditional and non-traditional revenue streams.

"We have recently announced the signing of CareerOne, who join Hyundai as our joint major partners, while we have initiated a review of Ikon Park and will next year release an exciting master plan to ensure its future."

Carlton does not receive special AFL funding distributions and paid an equalisation tax of $250,000 in 2015, which will increase to $330,000 next year.