I-flex Q1 net profit soars

Source: i-flex solutions

The Board of Directors of i-flex solutions limited, a leading provider of IT solutions to the global financial services industry, has approved the results for the quarter ended June 30, 2008.

"We are pleased with the momentum we are seeing across our entire portfolio including new offerings such as FLEXCUBE Private Banking. Together with Oracle we are number one in banking world wide. With our enhanced solution capability we are well poised to help our customers meet the demands of a complex,
challenging and competitive environment," said N.R.K. Raman, Managing Director and CEO, i-flex solutions.

"We continue to drive the transformation process in top tier banks with our standardized operating platform for multi-country deployments," he added.

"During the first quarter of the year we continued our close relationship with Oracle to help extend our scale, global reach, and operational efficiencies." said Makarand Padalkar, Chief Financial Officer, i-flex solutions.

Read the full results statement here:Download the document now 123.3 kb (PDF File)

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