Oracle Financial Services Software consolidated net profit declines 2.61% in the March 2016 quarter

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Sales rise 6.66% to Rs 1012.99 crore
Net profit of Oracle Financial Services Software declined 2.61% to Rs 224.36 crore in the quarter ended March 2016 as against Rs 230.37 crore during the previous quarter ended March 2015. Sales rose 6.66% to Rs 1012.99 crore in the quarter ended March 2016 as against Rs 949.76 crore during the previous quarter ended March 2015.For the full year,net profit declined 2.23% to Rs 1165.78 crore in the year ended March 2016 as against Rs 1192.32 crore during the previous year ended March 2015. Sales rose 4.81% to Rs 4092.80 crore in the year ended March 2016 as against Rs 3904.91 crore during the previous year ended March 2015.
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First Published: May 12 2016 | 9:15 AM IST