Financial Technologies (India) reports net loss of Rs 371.25 crore in the March 2014 quarter

Sales decline 60.85% to Rs 55.25 crore

Net loss of Financial Technologies (India) reported to Rs 371.25 crore in the quarter ended March 2014 as against net profit of Rs 87.81 crore during the previous quarter ended March 2013. Sales declined 60.85% to Rs 55.25 crore in the quarter ended March 2014 as against Rs 141.11 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 228.55 crore in the year ended March 2014 as against net profit of Rs 322.88 crore during the previous year ended March 2013. Sales declined 25.65% to Rs 326.72 crore in the year ended March 2014 as against Rs 439.43 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales55.25141.11 -61 326.72439.43 -26 OPM %-656.5668.50 --75.4559.47 - PBDT-364.73132.10 PL -149.61425.01 PL PBT-377.21125.70 PL -180.36402.47 PL NP-371.2587.81 PL -228.55322.88 PL

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