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Oracle Financial Services Software reports marginal rise in Q2 consolidated net profit

06 Nov 2015

Oracle Financial Services Software has reported results for second quarter ended September 30, 2015

The company has reported 11.89% fall in its net profit at Rs 242.60 crore for the quarter ended September 30, 2015 as compared to Rs 275.33 crore for the same quarter in the previous year. The company’s total income has decreased by 7.82% to Rs 883.32 crore for the quarter under review from Rs 958.25 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 1.49% rise in its net profit after taxes, minority interest and share of profit / (loss) of associates at Rs 322.61 crore for the quarter ended September 30, 2015 as compared to Rs 317.85 crore for the same quarter in the previous year. However, total income of the company has decreased by 2.22% at Rs 1069.60 crore for quarter under review as compared to Rs 1093.91 crore for the quarter ended September 30, 2014. 

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