Oracle Financial Q2 PAT marginally higher at Rs. 323 cr; sales dip 5%

Total Income has decreased from Rs. 1093.9 crore for the quarter ended September 30, 2014 to Rs. 1069.6 crore for the quarter ended September 30, 2015.

Oracle Financial Services Software Ltd has announced the following results for the quarter ended September 30, 2015.

The company has posted a net profit of Rs. 323 crore for the quarter ended September 30, 2015 as compared to Rs. 317.8 crore for the quarter ended September 30, 2014. Total Income has decreased from Rs. 1093.9 crore for the quarter ended September 30, 2014 to Rs. 1069.6 crore for the quarter ended September 30, 2015.

Its net sales declined by 5% at Rs.1,003 crore vs Rs.1,056 crore.

On standalone basis, the company has posted a net profit of Rs. 242.6 crore for the quarter ended September 30, 2015 as compared to Rs. 275.3 crore for the quarter ended September 30, 2014. Total Income has decreased from Rs. 958.2 crore for the quarter ended September 30, 2014 to Rs. 883.3 crore for the quarter ended September 30, 2015.