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Polaris Financial Technology net profit rises 21.12% in the March 2013 quarter

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Capital Market
Net profit of Polaris Financial Technology rose 21.12% to Rs 59.06 crore in the quarter ended March 2013 as against Rs 48.76 crore during the previous quarter ended March 2012. Sales rose 10.04% to Rs 472.97 crore in the quarter ended March 2013 as against Rs 429.80 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 11.38% to Rs 167.06 crore in the year ended March 2013 as against Rs 188.51 crore during the previous year ended March 2012. Sales rose 5.22% to Rs 1853.99 crore in the year ended March 2013 as against Rs 1762.09 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales472.97429.80 10 1853.991762.09 5 OPM %15.5811.10 40 11.6213.71 -15 PBDT84.3159.73 41 250.09275.81 -9 PBT72.3148.09 50 203.75236.48 -14 NP59.0648.76 21 167.06188.51 -11

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First Published: Apr 27 2013 | 5:24 PM IST

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