Oracle Financial Services Software standalone net profit declines 8.75% in the March 2016 quarter

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Sales rise 5.72% to Rs 865.12 crore
Net profit of Oracle Financial Services Software declined 8.75% to Rs 183.84 crore in the quarter ended March 2016 as against Rs 201.47 crore during the previous quarter ended March 2015. Sales rose 5.72% to Rs 865.12 crore in the quarter ended March 2016 as against Rs 818.30 crore during the previous quarter ended March 2015.For the full year,net profit declined 12.21% to Rs 928.85 crore in the year ended March 2016 as against Rs 1058.02 crore during the previous year ended March 2015. Sales rose 4.36% to Rs 3486.81 crore in the year ended March 2016 as against Rs 3341.10 crore during the previous year ended March 2015.
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First Published: May 12 2016 | 9:40 AM IST