Oracle Financial FY'11 net up 43.60 percent to 1,111 Crore
Thursday, 12 May 2011, 00:36 IST
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Oracle Financial FY'11 net up 43.60 percent to Rs.1,111 Crore
Mumbai: Oracle Financial Services Software reported a 43.60 percent jump in consolidated net profit to Rs 1,111 crore for the year ended March 31, 2011. The company had posted a net profit of Rs 773.65 crore for the same period last year, Oracle Financial said in a filing to the Bombay Stock Exchange (BSE). Consolidated revenue for the full year rose to Rs 2,996.93 crore from Rs 2,873.97 crore in the fiscal ended March, 2010. On a standalone basis, the IT solution provider's net profit increased to Rs 967.98 crore for the 2010-11 financial year from Rs 660.84 crore in the previous year. For the quarter ended March, 2011, the company's net profit was Rs 372 crore.
Source: PTI
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