Polaris Q3 consolidated net loss at Rs 5.71cr

Polaris Software today reported a net loss of Rs 5.71 crore on a consolidated basis for the third quarter ended December 31, 2005 when compared with a net profit of Rs 18.27 crore in Q3FY05.

According to a release issued by the company to the BSE today, total income declined from Rs 205.53 crore in Q3FY05 to Rs 202.35 crore in Q3FY06.