Cambridge Technology Enterprise reports consolidated Q3 net loss of Rs 2.08 crore

Cambridge Technology Enterprise has reported results for third quarter ended December 31, 2011.

The company has posted a decline of 17.27% in its net profit at Rs 0.91 crore for the quarter ended December 31, 2011 as compared to Rs 1.10 crore for the same quarter in the previous year. Total income also decreased by 1.63% at Rs 8.45 crore for quarter under review as compared to Rs 8.59 crore for the quarter ended December 31, 2010.

On consolidated basis, the company has reported a net loss of Rs 2.08 crore for the quarter ended December 31, 2011 as compared to net loss of Rs 5.37 crore for the same quarter in the previous year. However, total income has increased by 43.85% at Rs 21.29 crore for quarter under review as compared to Rs 14.80 crore for the quarter ended December 31, 2010.