Financial Daily from THE HINDU group of publications
Sunday, May 01, 2005
Financial Daily from THE HINDU group of publications Sunday, May 01, 2005 |
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Corporate Results
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Software Ramco Systems Q4 net loss at Rs 30 cr Our Bureau
CHENNAI: Ramco Systems Ltd has reported a net loss of Rs 30.03 crore on revenues of Rs 34.9 crore for the quarter ended March 31, 2005, against a net profit of Rs 4.2 crore on revenues of Rs 34.4 crore for the corresponding quarter last year. Total expenditure was Rs 30.98 crore (Rs 23.27 crore) and interest was Rs 2.72 crore (Rs 2.90 crore). For the unaudited results for the year ended March 31, 2005, the company reported a net loss of Rs 40.36 crore (Rs 33.26 crore) on revenues of Rs 122.78 crore (Rs 85.91 crore). Expenditure was Rs 107.28 crore (Rs 91.37 crore) and interest was Rs 11.38 crore (Rs 11.95 crore), says a company release.
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