Financial Technologies India today reported a 13% fall in its standalone net profit to Rs 39.20 crore for the first quarter ended June 30.
The company had a net profit of Rs 45.15 crore in the year-ago period, it said in a filing to the Bombay Stock Exchange (BSE).
The standalone net sales of the company in the first quarter declined by 3% to Rs 65.74 crore as compared to Rs 68.07 crore in the same quarter of the previous fiscal.
Financial Technologies, a US-based group, offers technological solutions and domain expertise for creating and operating financial markets.
Shares of the company today closed at Rs 766.60, down by 1.96 from previous close on the BSE.