Softech Infinium Solutions said that the net profit for the year ended March 31, 2009 plunged to Rs.1.80 lakh from Rs.29.50 lakh in the previous year. Total income declined to Rs.309.90 lakh from Rs.651.00 lakh in the last year.

The company posted net loss of Rs.1.20 lakh for the fourth quarter ended March 31, 2009 from net profit of Rs.9.00 lakh in the year ago quarter. Total income decreased to Rs.68.50 lakh from Rs.109.80 lakh in the same quarter last year.

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