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VisualSoft Q4 profit dips 42 per cent

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Features: Information Technology in Andhra Pradesh

VisualSoft Q4 profit dips 42 per cent

Makes Rs. 4.07 crore in Q4

Hyderabad, April 25, 2006

VisualSoft Technologies Limited, a software services and BPO firm said on Tuesday that it posted a 42.02 per cent decline in net profit for the fourth quarter of 2005-06 at Rs. 4.07 crore compared to Rs. 7.02 crore in the previous quarter.

The company which called off a proposal to amalgamate AppLabs, a software testing and services company with itself, said that its total income for the quarter declined 43.72 per cent to Rs. 28.95 crore from Rs. 51.44 crore for the corresponding period in 2004-05. For the year ended March 31, 2006, the company's net fell 28.69 per cent.

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Andhra Pradesh on April 25, 2006

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VisualSoft Q4 profit dips 42 per cent
Makes Rs. 4.07 crore in Q4

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April 25 in History

Events and happenings on 25 April in History

25 April 2001
Highlights: CARE investigation team arrives in Hyderabad.

25 April 2002
Highlights: Police Escort jeep collides with oil tanker - 6 killed - Minister escapes

25 April 2003
Highlights: Two ISI activists arrested

25 April 2004
Highlights: Naidu runs down Congress campaign

25 April 2005
Highlights: Eco clearance for Pulichintala soon - YSR

25 April 2006
Highlights: ADB meet-Development issues to dominate

25 April 2007
Highlights: TRS Senior Leader and Former Union Minister Narendra suspended