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Hyderabad, July 28

Visualsoft Technologies Ltd recorded significant dip in its total income of Rs 18.71 crore and a net profit of Rs 0.25 crore for the first quarter ended June 30, 2006, as against a total income of Rs 52.05 crore and a net profit of Rs 5.98 crore for the corresponding quarter last year. Both revenues and net profit have significantly slipped during the quarter. Last fiscal, the company had recorded total income of Rs 163.91 crore with a net profit of Rs 20.20 crore.

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