Ramco Systems' loss declines to Rs 3.82 cr

Mumbai, May 29: Ramco Systems has posted 87.27 per cent decrease in net loss to Rs 3.82 crore for the quarter ended March 31, as compared to a net loss of Rs 3.0 crore for the correspondin quarter the previous fiscal.

Announcing the results, the company said its total income has increased marginally to Rs 35.17 crore for Q4 FY-06 from Rs 34.90 crore in Q4 FY-05.

It has posted a net loss of Rs 34.06 crore for the year ended March 31, as compared to net loss Rs 40.36 crore for the previous fiscal. Total income has decreased from Rs 122.78 crore in FY-05 to Rs 121.80 crore for FY-06.

UNI