Friday, June 13, 2008

Financial Technologies Announces Q4 & FY 08 Results - June 13, 2008

Financial Technologies India Ltd has announced the following Audited results for the quarter & year ended March 31, 2008:

The results for the Quarter ended March 31, 2008
The Company has posted a net profit after tax of Rs 248.460 million for the quarter ended March 31, 2008 as compared to Rs 269.148 million for the quarter ended March 31, 2007. Total Income has increased from Rs 527.838 million for the quarter ended March 31, 2007 to Rs 641.695 million for the quarter ended March 31, 2008.
The results for the Quarter ended March 31, 2007 are Unaudited.

The results for the Year ended March 31, 2008
The Company has posted a net profit after tax of Rs 9612.520 million for the year ended March 31, 2008 as compared to Rs 1006.123 million for the year ended March 31, 2007. Total Income has increased from Rs 1741.319 million for the year ended March 31, 2007 to Rs 13474.777 million for the year ended March 31, 2008.

The Consolidated results are as follows:

The Audited consolidated results for the Year ended March 31, 2008
The Group has posted a net profit available after Minority Interest of Rs 8694.597 million for the year ended March 31, 2008 as compared to Rs 714.276 million for the year ended March 31, 2007. Total Income has increased from Rs 3172.848 million for the year ended March 31, 2007 to Rs 14195.118 million for the year ended March 31, 2008.

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