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Financial Technologies reports 94% surge in Q1 net profit

07 Aug 2012 Evaluate

Financial Technologies (India) has reported results for first quarter ended June 30, 2012.

The company's net profit almost doubled to Rs 76.06 crore for the quarter under review, up by 93.98% as compared to Rs 39.21 crore for the same quarter in the previous year. The total income from operation of the company surged by 68.39% to Rs 146.87 crore for Q1FY13 as compared Rs 87.22 crore for the corresponding quarter previous year.

The company has declared first interim dividend of Rs 2 per share or 100%. The payment of first interim dividend shall be made on August 31, 2012.

Peers
Company Name CMP
TCS 2077.00
Infosys 1009.10
HCL Technologies 1244.85
Wipro 163.60
Tech Mahindra 1546.00
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