waking up, page-15

THe company has already announced the contract details...

500 with HDFC bank, with a 25% increase in fees per transaction.

contracts in place to provide another 200 ATMs to Punjab and Tamilnud with 10% increases to fees charged by TSI.

It's all gone unnoticed by the market :) but not by my keen eyes...

I think the stage is set for a very profitable year... operating costs have been touted to decrease 15% and with the fee increases already announced equals widening profit margins = big profits... + more ATMs = even bigger profits... we'll see what happens, but I'm quite hopeful a solid result awaits this FY.