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Friday, July 27, 2001

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DSQ Software income declines

DSQ Software has reported a 31 per cent drop in total income to Rs. 80.45 crores in the three months ended June 30, 2001 from Rs. 100.49 crores in the same period last year. The gross profit before depreciation and interest charges has declined to Rs. 25.60 crores from Rs. 38.24 crores.

Interest charges claimed Rs. 1.50 crores (nil) and depreciation Rs. 14.50 crores (Rs. 13 crores). The net profit was lower by 66 per cent to Rs. 9.60 crores from Rs. 25.24 crores.

The company has added five new accounts and 40 professionals during the quarter.

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