We at Financial Technologies (FTIL) are committed
to create and unlock long-term value for our
shareholders on an ongoing basis and we believe
in ensuring transparency in all aspects of
business as an intrinsic part of our corporate
governance. Our investors’ communication program
endeavours to exceed global benchmarks and
goes beyond statutory disclosure and reporting
norms to continuously create new standards.
We are confident that our IR Program will
enable us to establish enduring relationships
with all our investors, market participants
and the financial community at large.
In
our quest for continuous improvement of
our IR program, we deeply value your feedback
and comments. Kindly share the same at ir@ftindia.com.
Financial Technologies (Standalone) Total Income from operations for 9 months ended December 31, 2011 increased by 15% to Rs. 3,038 million year–on-year
EBIDTA (Standalone, excluding profit on sale of shares and diminution in long term investments) for 9 months ended December 31, 2011 increased
by 65% to Rs. 2,855 million year–on-year
Net Profit (Standalone, excluding profit on sale of shares and diminution
in long term investments) for 9 months ended December 31, 2011
increased by 48% to Rs. 2,263 million year–on-year
Declared third interim dividend of 100% on the face value of Rs 2/- per share
“We have been growing at a steady pace. Total income from operations was up by 15% year on year to Rs. 3,038 million for the nine months ended December 31, 2011. Net profit excluding profit on sale of shares and diminution in long term investments for the same period was up by 48% year on year to Rs.2,263 million.
During this quarter, we repaid ZCCBs aggregating USD 133.16 million including premium thereon. This demonstrates our commitment to the investors.
This quarter too, we continued with our leadership position across asset classes we serve. MCX had 87%, IEX had 92% and NSEL had over 99% market share in their respective asset classes. On the international exchanges front, SMX witnessed average daily turnover of USD 561 million and GBOT’s average daily turnover was USD 38 million. BFX commenced live trading of its conventional trading segment on the 23rd November 2011.
Our ecosystem businesses are focused
on broadening the customer base and
reaching out to the end users.”
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Mr. Dewang Neralla, Whole-time Director, Financial Technologies
In my letter addressed to you in the last Annual Report for 2009-10, I shared with you our Group’s Vision of transforming emerging economies by nurturing new technology centric financial exchanges in them. During the year under review, developing such exchanges has enabled the Group to expand its reach to all classes of society, and offer a transparent price discovery mechanism.
I am happy to inform you that the second decade of this millennium saw the Group going verily global, with a well-spread international presence. The main highlight of the year 2010-11 has been the launch of three international exchanges by your Company and its subsidiaries for facilitating trading in several asset classes in the regions, in which they operate. The launch of these exchanges Singapore Mercantile Exchange (SMX) in Singapore, Global Board of Trade (GBOT) in Mauritius and Bahrain Financial Exchange (BFX) in Bahrain has made your Company a truly global financial institution. What’s more remarkable is that these three international exchanges have been established in three different and widely separated economic regions of the world – South-East Asia, Africa and Middle-East. As a consequence, your Company is now poised to tap the immense financial derivative business potential in these regional economies, so as to serve not only the respective regional market players, but also the global market functionaries trading in and with those regions.
Our IR Program
In our continuous efforts to
serve our investors and stakeholders at large, we
keep expanding our IR Communication Program through
addition of better content and utility tools for
easier access to details on the website. It includes
the following:
