Oracle Financial Services Software consolidated net profit declines 17.41% in the March 2020 quarter

Sales rise 4.00% to Rs 1263.55 crore

Net profit of Oracle Financial Services Software declined 17.41% to Rs 269.23 crore in the quarter ended March 2020 as against Rs 326.00 crore during the previous quarter ended March 2019. Sales rose 4.00% to Rs 1263.55 crore in the quarter ended March 2020 as against Rs 1214.92 crore during the previous quarter ended March 2019.

For the full year,net profit rose 5.51% to Rs 1462.22 crore in the year ended March 2020 as against Rs 1385.90 crore during the previous year ended March 2019. Sales declined 1.97% to Rs 4861.28 crore in the year ended March 2020 as against Rs 4958.90 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales1263.551214.92 4 4861.284958.90 -2 OPM %44.7342.95 -45.8543.25 - PBDT562.78583.17 -3 2358.662320.70 2 PBT535.37566.95 -6 2252.282266.99 -1 NP269.23326.00 -17 1462.221385.90 6

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