63 Moons Technologies Ltd.

BSE: 526881 | NSE: 63MOONS
Small Cap | IT - Software
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Financial Technologies reports net loss of Rs 371.25 crore for Q4FY14

Date: 31-05-2014

Financial Technologies (India) reports results for quarter and year ended March 31, 2014

The company has reported a net loss of Rs 371.25 crore for the quarter ended March 31, 2014 as compared to a net profit of Rs 87.81 crore for the same quarter in the previous year. Total income has decreased by 68.51% at Rs 59.22 crore for quarter under review as compared Rs 188.10 crore for the quarter ended March 31, 2013.

For the full year ended March 31, 2014, the company has posted net loss of Rs 228.54 crore as compared to the net profit of Rs 322.88 crore for the same period in the previous year. Total income has decreased by 29.70% at Rs 462.14 crore for year under review as compared to Rs 657.42 crore for the period ended March 31, 2013.