Jindal Poly Films Q1 net profit down to Rs83.5 crore

Polyester film producer Jindal Poly Films Ltd said its net profit for the first quarter declined to Rs83.5 crore from Rs84.8 crore in the same quarter last year.

During the June 2010 quarter, its total revenues increased to Rs555.6 crore from Rs375 crore, said the company in a regulatory filing.

On Thursday, Jindal Poly Films shares ended 0.4% up to Rs474 on the Bombay Stock Exchange, while the benchmark Sensex closed flat at 18,073 points.
 

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Financial Technologies Q1 net profit doubles to Rs45.6 crore

Financial Technologies India Ltd (FinTech) registered net profit of Rs45.6 crore for the first quarter, a growth of more than two fold, as compared to Rs20.5 crore for the corresponding quarter last year.

Its total revenues for the June 2010 quarter increased to Rs73.6 crore from Rs58.5 crore, FinTech said in a regulatory filing.

On Thursday, Financial Technologies shares gained 2.7% to Rs1,294 on the Bombay Stock Exchange, while the benchmark Sensex closed flat at 18,073 points

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Investing: Bad Exchange

ETFs are a traded product. But trading volumes are pathetic. Why would you buy them?

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