First Fintec Limited is an India-based information technology and information technology enabling services company. The Company's verticals include Fintec, FinResearch Analytics and First Edtec. The Fintec vertical includes Invest Tec, Fintec SPAC and Others. Invest Tec is an independent investment division focused on venture capital and private equity advisory. The FinResearch Analytics vertical is an independent research provider offering industrial and financial research covering various sectors, businesses, and companies under the brand name of Firstcall Research. The First Edtec vertical is an e-learning content provider. The Company covers digital content solutions from nursery to class 10 and various higher education segments in India. It has developed the e-content of CBSE & various State Boards such as Andhra, Telangana and Maharashtra in English medium and the corresponding vernacular mediums. It has developed more than 250 products in its Edtec segment.
FIRST FINTEC LIMITED Financial Highlights
- Revenue: FIRST FINTEC LIMITED reported revenue of ₹48.88 crore in FY10 vs ₹42.34 crore in FY09. It showed an increase of 15.45% on a yearly basis.
- Operating Profit: FIRST FINTEC LIMITED reported an operating profit of ₹12.84 crore in FY10 vs ₹9.61 crore in FY09. It showed an increase of 33.61% on a year-on-year basis.
- Net Profit: FIRST FINTEC LIMITED reported a net profit of ₹11.82 crore in FY10 vs ₹9.86 crore in FY09. It showed an increase of 19.88% on a yearly basis.
FIRST FINTEC LIMITED Quarterly Result Highlights
- FIRST FINTEC LIMITED reported revenue of ₹19.23 crore in Dec 2010, compared with ₹19.88 crore in Sep 2010, representing a decrease of 3.27% on a quarter-on-quarter (QoQ) basis.
- FIRST FINTEC LIMITED reported an operating profit of ₹3.24 crore in Dec 2010, compared with ₹6.69 crore in Sep 2010, representing a decrease of 51.57% on a quarter-on-quarter (QoQ) basis.
- FIRST FINTEC LIMITED reported a profit of ₹3.24 crore in Dec 2010, compared with ₹6.69 crore in Sep 2010, reflecting a decrease of 51.57% on a QoQ basis.