Saturday, October 27, 2012

Polaris Q2 net profit down 10% to Rs 55 cr


Polaris Financial Technology  's consolidated net profit fell by 9.7% quarter-on-quarter to Rs 55.1 crore in the quarter ended September 2012.

Consolidated income from operations grew by 3% to Rs 586 crore from Rs 569.3 crore during the same period.

Other income stood at Rs 3 crore in the second quarter of FY13 as against Rs 23.4 crore in the previous quarter.

The share price rose 1.71 percent to close at Rs 128 on the BSE.



Source: www.moneycontrol.com

Thanks,

Gaurav Agarwal 
Head Dealer 
DENIP Consultants Pvt Ltd

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