Oracle Financial Services Software Ltd.

BSE: 532466 | NSE: OFSS
Mid Cap | IT - Software
7961.40
428.60 (5.69%)
< Home < Back

Oracle Financial Services Software reports 90% rise in Q1 net profit

Date: 03-08-2012

Oracle Financial Services Software has reported results for first quarter ended June 30, 2012.

On standalone basis, the company has reported a rise of 90.16% in its net profit at Rs 328.28 crore for the quarter, as compared to Rs 172.63 crore for the same quarter in the previous year. Total income of the company has increased by 47.54% to Rs 953.15 crore for the quarter under review as compared to Rs 646.03 crore for the quarter ended June 30, 2011.

On the consolidated basis, the company has reported a rise of 80.23% in its net profit at Rs 368.06 crore for the quarter, as compared to Rs 204.22 crore for the same quarter in the previous year. Total income of the company has increased by 32.90% to Rs 946.33 crore for the quarter under review as compared to Rs 712.08 crore for the quarter ended June 30, 2011.