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Polaris Revenues Up by 28%

CHENNAI, India July 20, 2011

$100mn

 

Polaris Software Lab Limited (POLS.BO), a leading global Financial Technology company, today announced the first quarter results for FY 2011-12.

Key Performance metrics

USD 100.65 million USD 78.90 million USD 100.65 million USD 96.67 million USD 14.20 million USD 12.47 million USD 14.20 million USD 12.85 million USD 9.97 million USD 10.20 million USD 9.97 million USD 12.72 million

June 30, 2011

  • USD 23 million
  • Europe Asia Pacific
  • India USD 55mn
  • Sonali Bank Bangladesh
  • Polaris launched two new products; 1) The first ever Cloud-Ready Platform for the Insurance Sector at Acord Loma in the US; and 2) Intellect Liquidity Risk Management (LRM) solution with BASEL III compliance at the Middle East Financial Technology Exhibition and Conference (MEFTEC 2011)

Arun Jain Europe Asia Bangladesh

R. Srikanth, President & CFO, Polaris Software, , US$ 430 million – US$ 440 million US$ 425 million – US$ 435 million

http://www.polarisft.com/media/media-release/2011-july-press-release-Q1-FY-2011-12.pdf

 

[email protected]

SOURCE Polaris Software Lab Ltd.

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