Xchanging Solutions Ltd.

Cambridge Solutions has reported results for fourth quarter ended December 31, 2011.

Cambridge Solutions has reported a net loss of Rs 31.54 crore for the quarter ended December 31, 2011, against net loss of Rs 14.36 crore for the corresponding period last fiscal.  Total income decreased by 57.42% at Rs 23.88 crore during the quarter under review from Rs 56.08 crore in the same quarter of 2010.

On the consolidated basis, the company has reported a net profit of Rs 1.46 crore for the quarter ended December 31, 2011, against net loss of Rs 59.02 crore for the corresponding period last fiscal. Howere total income decreased by 79.55% at Rs 56.20 crore during the quarter under review from Rs 274.76 crore in the same quarter of 2010.