AGS Infotech reports net loss of Rs 4.73 crore in Q4

AGS Infotech has reported results for fourth quarter and year ended March 31, 2012.

On standalone basis, the company has reported net loss of Rs 4.73 crore for the quarter ended March 31, 2012, against net loss of Rs 4.99 crore for the corresponding period last fiscal. Total income decreased by 89.12% at Rs 2.04 crore during the quarter under review from Rs 18.76 crore in the year-ago period.

The company has reported net loss of Rs 8.09 crore for the year ended March 31, 2012, against net profit of Rs 4.36 crore in last fiscal. Total income decreased by 68.41% at Rs 30.28 crore from Rs 95.87 crore in the year-ago period.