Polaris Software Q3FY08 Results

Polaris Software Lab Ltd has announced the following Audited results for the quarter ended December 31, 2007:

The Company has posted a profit after tax of Rs 134.600 million for the quarter ended December 31, 2007 as compared to Rs 293.759 million for the quarter ended December 31, 2006. Total Income has decreased from Rs 2454.864 million for the quarter ended December 31, 2006 to Rs 2410.390 million for the quarter ended December 31, 2007.

The Unaudited Consolidated results are as follows:

The Group has posted a profit after tax of Rs 191.180 million for the quarter ended December 31, 2007 as compared to Rs 322.865 million for the quarter ended December 31, 2006. Total Income has increased from Rs 2780.770 million for the quarter ended December 31, 2006 to Rs 2836.458 million for the quarter ended December 31, 2007.