Oracle Financial Services Software India has reported results for first quarter ended June 30, 2014.
The company’s net profit has surged by 21.20% at Rs 346.89 crore as compared to Rs 286.19 crore for the quarter ended June 30, 2013. Its total income has increased by 16.97% to Rs 1055.55 crore for the quarter under review from Rs 902.35 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 7.71% rise in its net profit after taxes, minority interest and share of profit / (loss) of associates at Rs 394.43 crore for the quarter as compared to Rs 366.18 crore for the same quarter in the previous year. Its total income has increased by 11.18% at Rs 1223.32 crore for quarter under review as compared to Rs 1100.23 crore for the quarter ended June 30, 2013.