Financial Tech Q4 net dips 7.69%

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New Delhi, Jun 12 (UNI) Financial Technologies India Ltd today said its net profit has decreased 7.69 per cent to Rs 24.84 crore for the quarter ended March 31, 2008 as compared to Rs 26.91 crore for the same quarter a year ago.

Its total income, however, increased 21.56 per cent to Rs 64.16 crore for Q4 FY08 as against Rs 52.78 crore for the same period last fiscal.

It posted a net profit of Rs 961.25 crore during FY08 as compared to Rs 100.61 crore for FY07, a whopping increase of 855.42 per cent.

Its total income zoomed 673.82 per cent to Rs 1,347.47 crore for the year ended March 2008 from Rs 174.13 crore for the previous fiscal.

The Group posted a net profit of Rs 869.45 crore for the year ended March 2008 as compared to Rs 71.42 crore for last fiscal, an astounding growth of 1,117.37 per cent.

The Group's total income hiked 347.39 per cent to Rs 1419.51 crore for the year ended March 2008 from Rs 317.28 crore for the year ended March 2007.

UNI SR MP HT2125

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