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

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Capital Market

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.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales865.12818.30 6 3486.813341.10 4 OPM %34.4837.44 -39.1338.94 - PBDT355.38313.45 13 1550.861677.07 -8 PBT342.95296.62 16 1501.091613.63 -7 NP183.84201.47 -9 928.851058.02 -12

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First Published: May 12 2016 | 9:40 AM IST

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