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NT Bureau
Chennai, July 3:
It has been growth for Financial Technologies (India) Ltd with a reveue of 81 per cent and a net profit growth of 115 per cent on a standalone basis.
Commenting on the company's performance, Dewang Neralia, wholetime director, Financial Technologies said, 'we expect to continue to grow exponenetially year-on-year driven by our IP-centric business model and technology domain expertise which has delivered another high growth year for us. The company has consolidated and progressed on all business fronts with flagship product ODIN capturing 90 per cent estimated market share, a growth of 76 per cent in the license base in equity markets, and a growth of 146 per cent in the commodities market. Besides, the company has also launched two new ventures this year—TickerPlant Infovending Ltd and Safal National Exchange for fruits and vegetables which is a 49:51 joint venture with National Dairy Development Board.'
The company has declared
a final dividend of 100 per cent (total dividend for the fiscal 2006-07
is 400 per cent).