Financial Technologies turns red in Q1

Posts a net loss of Rs 36 cr for quarter ended June 30

Technology company Financial Technologies (FTIL) posted a net loss of Rs 35.75 crore for the quarter ended June 30, 2015 as compared to a net profit of Rs 128.25 crore in the corresponding period last year.

Total income of the company, however, jumped to Rs 35 crore for June quarter 2015 as against Rs 44.26 crore in the same period last year.