Polaris Financial Technology has reported results for third quarter ended December 31, 2012.
The company has reported 33.20% fall in its net profit at Rs 34.00 crore for the quarter as compared to Rs 50.90 crore for the same quarter in the previous year. Total income of the company has decreased by 9.31% at Rs 448.47 crore for quarter under review as compared to Rs 494.50 crore for the quarter ended December 31, 2011.
On the consolidated basis, the company has reported 33.42% fall in its net profit at Rs 40.66 crore for the quarter as compared to Rs 61.07 crore for the same quarter in the previous year. Total income of the company has decreased by 2.09% at Rs 560.58 crore for quarter under review as compared to Rs 572.53 crore for the quarter ended December 31, 2011.
