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DSQ Software net slides
Our Bureau
Chennai, Oct 15: DSQ Software Ltd has reported a 40 per cent dip in its net profit earning Rs 12.36 crore for the half-year ended September 30, 1999, compared to Rs 20.52 crore secured during the corresponding period last year.The slide in the net profit, the company said in a statement, was due to the accelerated depreciation policy adopted by the firm. Depreciation charges have seen a 160 per cent hike and have been provided at Rs 14.95 crore (Rs 5.73 crore). Net sales of the company has registered only a marginal 5.5 per cent increase at Rs 100.25 crore (Rs 94.96 crore). Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.
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