Polaris Financial Technology Limited's net profit for the the quarter ended December 31, 2011, stood at Rs 61.07 crore as compared with Rs 50.12 crore a year ago. Income was up 34 per cent to Rs 552.32 crore from Rs 411.41 crore. The board has given its in-principle approval for the de-merger of information technology-enabled services business of its subsidiary, Optimus Global Services Ltd.
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