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Polaris Financial Technology net profit declines 35.86% in the June 2013 quarter

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Capital Market

Sales rise 0.33% to Rs 472.94 crore

Net profit of Polaris Financial Technology declined 35.86% to Rs 31.94 crore in the quarter ended June 2013 as against Rs 49.80 crore during the previous quarter ended June 2012. Sales rose 0.33% to Rs 472.94 crore in the quarter ended June 2013 as against Rs 471.39 crore during the previous quarter ended June 2012. ParticularsQuarter EndedJun. 2013Jun. 2012% Var.Sales472.94471.39 0 OPM %8.8711.39 -PBDT55.9673.54 -24 PBT44.0562.40 -29 NP31.9449.80 -36

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First Published: Jul 31 2013 | 9:22 AM IST

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