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Financial Tech soars after reporting Q3 nos-news02022012

Wednesday, February 01, 2012

Financial Technologies' shares rose over 6%, touching the monthly high of Rs765.95, after company posted healthy Q3 earnings. Till now, over 0.54 lakh shares have traded on the BSE as against the two-week average volume of 0.50 lakh shares.
Financial Technologies (India) has announced the Unaudited results for the quarter ended December 31, 2011:

The net profit of the company Rs86.86 crore for the quarter ended December 31, 2011 as compared to Rs78.78 crore for the quarter ended December 31, 2010.

Total Income has increased to Rs167.73 crore for the quarter ended December 31, 2011 from Rs140.12 crore for the quarter ended December 31, 2010.

Further, board of directors of the company has also declared interim dividend of Rs2 per share (i.e. 100%). The payment of third interim dividend shall be made on February 22, 2012.

....more info



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