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Oracle Financial Services Software standalone net profit rises 41.55% in the March 2017 quarter

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Sales decline 5.50% to Rs 864.71 crore

Net profit of Services Software rose 41.55% to Rs 291.57 crore in the quarter ended March 2017 as against Rs 205.99 crore during the previous quarter ended March 2016. Sales declined 5.50% to Rs 864.71 crore in the quarter ended March 2017 as against Rs 915.03 crore during the previous quarter ended March 2016.

For the full year,net profit rose 43.48% to Rs 1288.09 crore in the year ended March 2017 as against Rs 897.76 crore during the previous year ended March 2016. Sales rose 5.89% to Rs 3736.31 crore in the year ended March 2017 as against Rs 3528.43 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales864.71915.03 -5 3736.313528.43 6 OPM %32.0336.65 -36.6536.99 - PBDT294.93393.02 -25 1533.141517.88 1 PBT279.38380.59 -27 1466.341468.11 0 NP291.57205.99 42 1288.09897.76 43

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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