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Bangalore, Aug. 3 Charges relating to restructuring of its US operations and higher provisions towards lease contracts and related asset impairment ragged Cambridge Solutions Ltd into the red for the June quarter 2009.

The company recorded a net loss of Rs 275.33 crore on revenue of Rs 302.81 crore for the quarter as compared to a net profit of Rs 2.94 crore on revenue of Rs 309.30 crore in the corresponding previous period.

On Monday, the scrip ended flat at Rs 59.25 on the BSE.

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