Oracle Fin Svcs Q1 cons net down 45% at Rs 204.2cr QoQ

Oracle Financial Services has reported a fall of 45% (QoQ) in profits for the first quarter of FY12. During the period, consolidated net profit of the company went down to Rs 204.2 crore as against Rs 372 crore in the previous quarter.

August 03, 2011 / 14:11 IST

Oracle Financial Services has reported a fall of 45% (QoQ) in profits for the first quarter of FY12. During the period, consolidated net profit of the company went down to Rs 204.2 crore as against Rs 372 crore in the previous quarter.

Consolidated revenue fell nearly 18% to Rs 712 crore from Rs 865 crore quarter-on-quarter.

first published: Aug 3, 2011 02:10 pm

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Oracle Fin Svcs Q1 cons net down 45% at Rs 204.2cr QoQ

Oracle Financial Services has reported a fall of 45% (QoQ) in profits for the first quarter of FY12. During the period, consolidated net profit of the company went down to Rs 204.2 crore as against Rs 372 crore in the previous quarter.

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