Saturday, April 28, 2012

Polaris Q4 profit remains unchanged QoQ at Rs 61.1 cr


Software services provider Polaris Financial Technology 's consolidated net profit remained unchanged quarter-on-quarter at Rs 61.1 crore in the quarter ended March 31, 2012.

Consolidated total income declined over 6% to Rs 518 crore in the fourth quarter of FY12 versus Rs 552 crore in the previous quarter.

Other income shot up 175% to Rs 22 crore from Rs 8 crore during the same period.

At 14:21 hours IST, the stock fell 6.5% to Rs 140.85 amid heavy volumes.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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