63 Moons Technologies Ltd.

Financial Technologies has reported results for fourth quarter and year ended March 31, 2012.

The company has reported net profit of Rs 282.72 crore for the quarter ended March 31, 2012, against net loss of Rs 116.65 crore for the corresponding period last fiscal. Total income increased by 324.16% at Rs 371.99 crore during the quarter under review from Rs 87.70 crore in the year-ago period.

For the full year ended March 31, 2012 the company has posted a rise of 419.98% in its net profit at Rs  478.02crore  as compared to Rs 91.93 crore for the same period  in the previous year.   Total income has increased by 61.57% at Rs 755.58 crore for year under review as compared to Rs 467.65 crore for the period ended March 31, 2011

The company has reported consolidated net profit of Rs 264.05 crore for the year ended March 31, 2012, against net loss of Rs 136.80 crore in last fiscal.  Total income increased by 50.76% at Rs 834.30 crore from Rs 553.38 crore in the year-ago period.