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Oracle Financial reports 4% rise in Q2 consolidated net profit

10 Nov 2016 Evaluate

Oracle Financial Services Software has reported results for second quarter ended September 30, 2016.    

The company has reported two fold jump in its net profit at Rs 465.41 crore for the quarter under review as compared to Rs 223.02 crore for the same quarter in the previous year. Total income of the company increased by 9.37% at Rs 967.46 crore for the quarter under review as compared Rs 884.60 crore for the corresponding quarter previous year.   

On the consolidated basis, the company has reported 4.39% rise in its net profit after taxes and share of profit at Rs 291.85 crore for the quarter ended September 30, 2016 as compared to Rs 279.58 crore for the same quarter in the previous year. Total Income of the company has increased by 4.19% to Rs 1093.76 crore for quarter under review from Rs 1049.76 crore for the quarter ended September 30, 2015.

Oracle Finl. Service Share Price

7996.05 209.15 (2.69%)
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