Financial Technologies (India) turns to loss in Oct-Dec quarter
Source: IRIS | 06 Feb, 2015, 12.58PM
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Rating: NAN / 5 stars. |
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Financial Technologies (India) swung to a loss for the quarter ended December 2014. During the quarter, the company reported a loss of Rs 48.62 million compared with a profit of Rs 344.80 million in the same quarter previous year. Net sales for the quarter declined 56.54% to Rs 355.48 million, compared with Rs 817.96 million for the prior year period. Earnings per share stood negative at Rs 1.06 compared with Rs 7.48 in same quarter last year.
Quarterly Results - Standalone (Rs in mn) | As at | Dec - 14 | Dec - 13 | %Change | Net Sales | 355.48 | 817.96 | (56.54) | Net Profit | (48.62) | 344.80 | - | Basic EPS | (1.06) | 7.48 | - |
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