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commex technology ltd (532342) Details

Commex Technology Limited provides software products and solutions to the capital and commodities markets worldwide. The company’s products include Xtrade, an order routing system trading solution, which allows the user to watch market prices and execute orders through real time price streaming; Xmatch, a set of solutions for facilitating and managing operations necessary for an exchange; and X-BOS, a multi exchange and multi segment solution that offers functionality for mid and back office operations. Its products also comprise Xact, a browser based clearing and settlement system and a back office solution for exchanges to handle various markets and market segments in a single user interface; and Xview, a browser based online surveillance system that consists of online and offline monitoring risk management at member level. In addition, the company offers flash based charting solution for intraday, commodity, equity, derivatives, currency, and interest rate futures instruments; and Web based solution for factoring of invoices, which automates the process of bill discounting for banks and financial institutions. Further, it provides information technology consulting services, such as technology resource consulting, verification, validation, and infrastructure management services to various companies. The company was formerly known as IT People (India) Limited and changed its name to Commex Technology Limited in November 2011. Commex Technology Limited was incorporated in 2000 and is based in Mumbai, India.

Founded in 2000

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commex technology ltd (532342) Key Developments

Commex Technology Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2014

Commex Technology Limited reported unaudited standalone and consolidated earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the standalone income from operations was INR 10.800 million, profit from operations before other income, finance costs and exceptional items was INR 2.361 million, net profit of INR 1.557 million or INR 0.01 per basic and diluted share after extraordinary items (of INR 2 each) (not annualized) against income from operations was INR 62.337 million, profit from operations before other income, finance costs and exceptional items was INR 29.518 million, net profit of INR 30.151 million or INR 0.19 per basic and diluted share after extraordinary items (of INR 2 each) (not annualized) a year ago. For the six months, the standalone income from operations was INR 31.800 million, profit from operations before other income, finance costs and exceptional items was INR 7.389 million, net profit of INR 4.873 million or INR 0.03 per basic and diluted share after extraordinary items (of INR 2 each) (not annualized) against income from operations was INR 112.909 million, profit from operations before other income, finance costs and exceptional items was INR 57.443 million, net profit of INR 58.932 million or INR 0.38 per basic and diluted share after extraordinary items (of INR 2 each) (not annualized) a year ago. For the quarter, the consolidated income from operations was INR 10.800 million, profit from operations before other income, finance costs and exceptional items was INR 2.338 million, net profit of INR 1.531 million or INR 0.01 per basic and diluted share after extraordinary items (of INR 2 each) (not annualized) against income from operations was INR 62.694 million, profit from operations before other income, finance costs and exceptional items was INR 29.629 million, net profit of INR 30.262 million or INR 0.20 per basic and diluted share after extraordinary items (of INR 2 each) (not annualized) a year ago. For the six months, the consolidated income from operations was INR 31.800 million, profit from operations before other income, finance costs and exceptional items was INR 7.366 million, net profit of INR 4.847 million or INR 0.03 per basic and diluted share after extraordinary items (of INR 2 each) (not annualized) against income from operations was INR 113.606 million, profit from operations before other income, finance costs and exceptional items was INR 57.669 million, net profit of INR 59.159 million or INR 0.38 per basic and diluted share after extraordinary items (of INR 2 each) (not annualized) a year ago.

Commex Technology Limited to Report Q2, 2015 Results on Nov 14, 2014

Commex Technology Limited announced that they will report Q2, 2015 results on Nov 14, 2014

Commex Technology Limited, Board Meeting, Nov 14, 2014

Commex Technology Limited, Board Meeting, Nov 14, 2014. Agenda: To consider the unaudited financial results of the company for the quarter and half year ended September 30, 2014.

 

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