Calsoft reports Rs 77.55 crore consolidated net loss

IT company California Software Calsoft today reported a consolidated net loss of Rs 77.55 crore for the period ending March 31,2012.

The Chennai-based company reported net loss at Rs 19.14 crore during the same period of last year,California Software said in a filing to the BSE.

The consolidated total income for the period ending March 31,2012 dipped to Rs 74.18 crore as against Rs 177.34 crore registered during the same period of last year.

Shares of the company were trading at Rs 15 apiece,down by 2.60 per cent in the afternoon BSE.