Polaris Software Q4 FY10 Results : Net rises 4.62%

by khalid on 23/04/2010 · 0 comments

Polaris Software is a company in specialty application development for the banking, financial, and insurance sector, offering products, legacy modernization services, and consulting. The company has achieved a significant rise in standalone profit and posted a net profit of Rs 36.97 crores in the Q4 FY10 of the current fiscal (FY10), ended in Mar 2010. The company had recorded a net profit of Rs 35.34 crores in the corresponding quarter Q4 FY09 of the last fiscal (FY09), ended in Mar 2009. This is an increase of 4.62%.

The company informed the market(BSE) that the net sales increased by 2.45% to Rs 293.64 crores in Q4 FY10 when compared with the same quarter Q4 FY09 of previous year. Net sales was Rs 286.62 crores in last year’s same quarter.

Share’s Data :-
BSE Code : 532254
ISIN Demat : INE763A01023
Market Cap : Rs 1863 Crores
P/E Ratio: 14.09
EPS (Rs): 13.20 in Jun 2090
Face Value : Rs 5
Last bonus : 1:2 in Apr 2010
Last Dividend : 35% in Apr 2010
52 Week H/L : Rs 204.40 / 60.80
Polaris Software Lab Ltd. share’s CMP is Rs 188.20 on 22nd Apr 2010.

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