Oracle Financial Services Software has reported results for the quarter and year ended March 31, 2012:
The Company’s net profit for the quarter rose by 49.02% at Rs 499.50 crore as compared to Rs 335.18 crore for the corresponding quarter of previous fiscal. Company’s total income has increased by 3.24% to Rs 781.86 crore for the quarter under review from Rs 757.33 crore for March quarter of previous fiscal.
For full year ended March 31, 2012, the Company posted growth of 12.53% in its net profit of Rs 1089.23 crore as compared to Rs 967.97 crore for previous fiscal. Company’s total income has increased by 19.19% to Rs 2980.88 crore for the year under review from Rs 2500.81 crore for the previous year.
On Consolidated basis, the Group’s net profit for the year ended March 31, 2012 has declined by 18.15% at Rs 909.29 crore as compared to Rs 1110.98 crore for the previous year. Group’s total income has increased by 12.79% to Rs 3568.43 crore for the year ended March 31, 2012 from Rs 3163.76 crore for the previous fiscal.
