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Financial Technologies total income rises 22pc

Posted on Jan 29, 04:36PM | IBNS

Mumbai, Jan 29 (IBNS) Financial Technologies (India) Limited (FTIL), a global leader in offering technology solutions and domain expertise for creating and operating financial markets for multi asset class, announced its unaudited financial results for the quarter and nine month ended December 31, 2012.

Standalone performance of Financial Technologies for nine month ended December 31, 2012:

Total Income for nine month ended December 31, 2012 is Rs. 469.32 crore an increase of 22pc compared to nine month ended December 31, 2011

EBIDTA, for nine month ended December 31, 2012 is Rs. 328.03 crore an increase of 27pc compared to nine month ended December 31, 2011

Net Profit for the nine month ended December 31, 2012 is Rs. 235.07 crore an increase of 20pc compared to nine month ended December 31, 2011

The board declared third interim dividend of Rs 2 per share i.e. 100pc on the face value of Rs 2/- per share

Standalone performance of Financial Technologies for quarter ended December 31, 2012:

Total Income for the quarter ended December 31, 2012 is Rs. 174.53 crore as compared to Rs. 167.74 crore for the quarter ended December 31, 2011

EBIDTA, for the quarter ended December 31, 2012 is Rs. 127.52 crore as compared to Rs. 121.44 crore for the quarter ended December 31, 2011

Net Profit, for the quarter ended December 31, 2012 is Rs. 89.45 crore as compared to Rs. 86.87 crore for the quarter ended December 31, 2011

Dewang Neralla, Whole Time Director, said: "It is encouraging to note that for the nine months ended December 31, 2012, the Profit After Tax of FTIL for the nine month ended December 31, 2012 is Rs. 235.07 crore an increase of 20pc compared to nine month ended December 31, 2011."