Results

Announces Q2 results & Auditors Report for the Quarter ended September 30, 2014

| Updated on November 07, 2014 Published on November 07, 2014

Polaris Financial Technology Ltd

has announced the following results for the quarter ended September 30, 2014:

The Audited Standalone results for the Quarter ended September 30, 2014

The Company has posted a net profit after tax of Rs. 438.956 million for the quarter ended September 30, 2014 where as the same was at Rs. 31.029 million for the quarter ended September 30, 2013. Total Income is Rs. 4354.070 million for the quarter ended September 30, 2014 where as the same was at Rs. 5147.106 million for the quarter ended September 30, 2013.

The Consolidated Results are as follows:

The Audited Consolidated results for the Quarter ended September 30, 2014

The Group has posted a net profit after tax, minority interest and after extraordinary items of Rs. 491.523 million for the quarter ended September 30, 2014 where as the same was at Rs. 598.139 million for the quarter ended September 30, 2013. Total Income is Rs. 4973.719 million for the quarter ended September 30, 2014 where as the same was at Rs. 6181.354 million for the quarter ended September 30, 2013.

"In view of the Scheme of demerger, coming effective from April 01, 2014, the figures for the current period (comprising six and quarter ended September 30, 2014) are not comparable with the corresponding figures disclosed for quarter and six months ended September 30, 2013".

Source : BSE - www.bseindia.com

Published on November 07, 2014
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