Chennai (India), January 22, 2015:
Polaris Consulting & Services Ltd (formerly known as Polaris Financial Technology Limited), a leader in solutions and services that enable unprecedented operational productivity for the global Financial Services industry, announced today its results for the third quarter of FY15.
|"We continue our focus on becoming a digital transformation partner of choice for our clients. Bulk of our new engagements in the quarter have come from the 4 big bets, Digital, Payments, Risk and Analytics. We are successfully executing our strategy of acquiring new logos with a focus on tier 2 banks & corporates with 2 such marquee clients selecting us as their partner of choice for digital transformation in Q3." said, Jitin Goyal, CEO and Executive Director, Polaris Consulting & Services Limited|
Polaris Consulting & Services Ltd (formerly known as Polaris Financial Technology Limited), a leader in solutions and services that enable unprecedented operational productivity for the global Financial Services industry, announced today its results for the second quarter of FY15 post the demerger of the products business.
Key Financial Highlights
In USD terms:
In Rupee terms:
Awards and Recognitions
Financial Results for the Third Quarter Ended December 31, 2014
POLARIS CONSULTING & SERVICES LIMITED (Formerly known as Polaris Financial Technology Ltd) Unaudited consolidated financial results for the third quarter ended December 31, 2014 prepared as per Indian GAAP**Previous year financials are not comparable with the current year financials consequent to demerger of Product business during the current year.
The function wise classification results for the year 2013-14 are not comparable with the audited Consolidated financial results for the year ended March 31, 2014 as the net impact of the financial results of IdenTrust Inc. up to the date of divestment and the profit on divestment of the IdenTrust business had been disclosed under "Other income including exceptional items" in the above functionwise results.
Investor Conference Call
The Board of Directors of Polaris Consulting & Services Limited met on 22nd January 2015, to take on record the financial results of the company for the Third Quarter ended December 31, 2014.Polaris Consulting & Services Ltd. will host an Investors Conference Call on 22nd January 2015, where the Senior Management of Polaris will comment on the company's performance during the Third Quarter ended December 31, 2014 and respond to questions from participants. The conference call will take place at 17:00 Hrs IST on Thursday, 22nd January 2015.The dial-in numbers to join the conference call:
|Conference Name||:||Polaris Investor Earnings call for Q3 FY 2014-15|
|Date||:||22nd January 2015|
|Time||:||17:00 HRS IST|
|MUMBAI||:||Primary Access||Toll Number||:||02230360400|
|BANGALORE||:||Primary Access||Toll free Number||:||08030360400|
|DELHI||:||Primary Access||Toll free Number||:||01130360400|
|CHENNAI||:||Primary Access||Toll free Number||:||04430360400|
|INDIA||:||Primary Access||Toll free Number||:||180030131313|
|HONG KONG||:||Primary Access||Toll free Number||:||800901420|
|SINGAPORE||:||Primary Access||Toll free Number||:||8001011906|
|US and Canada||:||Primary Access||Toll free Number||:||18663944523|
|UK||:||Primary Access||Toll free Number||:||08081681758|
|UAE||:||Primary Access||Toll free Number||:||8000174397|
About Polaris Consulting & Services Ltd Polaris Consulting & Services Ltd. is a leader in solutions and services that enable unprecedented operational productivity for the global Financial Services industry. With a strong strategic consulting focus backed with high performance delivery in Digital Enterprise, Payments, Risk & Compliance and Data & Analytics, Polaris' services are strongly differentiated, with a formidable reputation in Global Consumer Banking, Treasury & Capital Markets, Global Transaction Banking, Insurance and Enterprise Commerce.The company's services include process engineering, solution consulting, system integration, ADM, production support, testing, infrastructure management and BPO. To deliver these services, the company has invested heavily in building deep functional & domain-specific models, tools and accelerators, which enable it to deliver higher productivity and better quality to its discerning and demanding BFSI clientele.The High Performance Outsourcing (HPO) model with aggressive performance-based outcome metrics also leverages highly domain specialized horizontal practices like High Performance Testing, Infrastructure Management, Mainframe Practice, CRM Practice and Business Process Outsourcing. Digital enterprise solutions extend across retail, logistics, manufacturing and enterprise commerce. With six client-centric units and multiple solution-centric units across the world, Polaris Consulting & Services is represented by over 8,600 solution architects, domain and technology experts. For more details, please visit www.polarisft.com
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