Quotes with Resistance & Support
Market Information

Oracle Financial Q1 net profit up 76 pc

This article was posted on Jul 30, 2009 and is filed under Stock News

MUMBAI: IT financial services solutions vendor Oracle Financial Services Software on Thursday said its consolidated net profit rose by 75.99 per
cent to Rs 185.78 crore for the first quarter ended June 30, 2009, over the same period last year.

Consolidated total income decreased to Rs 670.1 crore in the latest quarter against Rs 681.02 crore in the same period last fiscal, the company said in a filing to the Bombay Stock Exchange (BSE).

“We are pleased to open fiscal year 2010 on a positive note, with product business revenues of Rs 442 crore, an increase of 22 per cent compared to the same quarter last year,” Oracle Financial Services MD and CEO N R K Raman said.

On the standalone basis, the company has posted a growth of 65 per cent in its net profit to Rs 152.22 crore in the current quarter.

Standalone total income rose to Rs 545.62 crore in the quarter under review, against Rs 462.8 crore in the same period last year.

Shares of Oracle Financial were trading at Rs 1,454 on the BSE, up 3.77 per cent from previous close.

source: Economictimes

Tags: , , ,

Similar Posts:


+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

Latest Query

Samrudhiglobal.com wishing you and your friends and family Advance xmas and Happy New year...view more »
- by Sam
Status: Awaiting reply

Market Stats

Search Our Archives

Latest Investment Idea

Recent Comments