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Financial Technologies reports 10% rise in Q3 net profit

01 Feb 2012 Evaluate

Financial Technologies (India) has reported results for third quarter ended December 31, 2011.

The company has posted a jump of 10.26% in its net profit of Rs 86.87 crore for the quarter ended December 31, 2011 as compared to Rs 78.79 crore for the same quarter in the previous year. Total income has increased by 19.70% from Rs 140.13 crore for Q3FY11 to Rs 167.74 crore in the quarter under review.

Financial Technologies is a flagship company of the Financial Technologies Group. It provides technology solutions and domain expertise for digital transactions and financial markets across all asset class including equity, commodities, currency and debt.

Peers
Company Name CMP
TCS 2240.70
Infosys 1042.25
HCL Technologies 1290.85
Wipro 166.75
Tech Mahindra 1523.90
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