Oracle Financial Services Software Ltd.

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Oracle reports 9% rise in Q2 net profit

Date: 01-11-2012

Oracle Financial Services Software has reported results for second quarter ended September 30, 2012.

The company has reported 8.51% rise in its net profit at Rs 179.51 crore for the quarter ended September 30, 2012 as compared to Rs 165.42 crore for the same quarter in the previous year. Total income of the company has decreased marginally by 1.75% at Rs 735.77 crore for quarter under review as compared to Rs 748.85 crore for the quarter ended September 30, 2011.

Oracle Financial Services Software is a majority owned subsidiary of Oracle. Oracle Corporation is the world's largest business software company.