Financial Technologies jumps 5% on strong Q2 results

Moneycontrol BureauShares of Financial Technologies added 5 percent intraday Tuesday on the back of strong Q2 results.The company's Q2 (Aug-Sept) net profit increased to Rs 28.4 crore versus Rs 1.7 crore, in the same period last fiscal.However, income from operations was down 0.3 percent at Rs 39 crore versus Rs 39.1 crore.The company's EBITDA loss was at Rs 25.9 crore versus loss of Rs 28.9 crore.At 09:46 hrs Financial Technologies was quoting at Rs 71.10, up Rs 1.75, or 2.52 percent on the BSEPosted by Rakesh Patil