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Kolkata-based software service exporter RS Software was severely affected by
the downturn, with its revenues slipping by 11% compared to the 50%-plus growth
it showed for the last three years. The company also suffered a net loss of Rs
24.13 crore. It was the first half of the fiscal year that was positive,
contributing 54% of the total revenues. The company focused on development,
testing, project management and support.