IO System - Update by Vijay

IO System Ltd. announced audited earnings results for the fourth quarter and full year ended March 31, 2011. For the quarter, the company reported loss from operations before interest & exceptional items of INR 0.409 million compared to INR 5.206 million a year ago. Loss from ordinary activities before tax was INR 0.828 million compared to INR 3.026 million a year ago. Loss for the period was 0.828 million compared to INR 3.026 million a year ago. Basic and diluted LPS after extraordinary items for the period was INR 0.05 compared to INR 0.18 a year ago. For the full year, the company reported loss from operations before interest & exceptional items of INR 7.535 million compared to INR 6.818 million a year ago. Loss from ordinary activities before tax was INR 8.972 million compared to profit from ordinary activities before tax of INR 1.341 million a year ago. Loss for the period was INR 8.972 million compared to profit for the period of INR 1.341 million a year ago. Basic and diluted LPS after extraordinary items for the period was INR 0.53 compared to INR 0.08 a year ago.