Oracle Financial Services Software announced a marginal rise in consolidated net profit for the quarter ended September 2016. During the quarter, the profit of the company rose 4.39% to Rs 2,918.50 million from Rs 2,795.80 million in the same quarter last year.
Revenues for the quarter rose 7.16% to Rs 10,652.90 million, compared with Rs 9,941 million for the prior year period.
Operating margin for the quarter stood at 35.97 percent as compared to 40.50 percent for the previous year period. Operating Income for the quarter was Rs 3,831.80 million, compared with Rs 4026.5 million in the previous year period.
Earnings per share for the quarter stood at Rs 34.31, registering 4.38% growth over previous year period.
| Quarterly Results - Consolidated (Rs in mn) |
| As at | Sep - 16 | Sep - 15 | %Change |
| Revenues | 10,652.90 | 9,941.40 | 7.16 |
| Net Profit | 2,918.50 | 2,795.80 | 4.39 |
| Diluted EPS | 34.31 | 32.87 | 4.38 |
Shares of the company declined Rs 96.6, or 3%, to trade at Rs 3,125.00. The total volume of shares traded was 2,664 at the BSE (3.33 p.m., Wednesday).
