Oracle Financial Services Software Limited Reports Unaudited Consolidated and Company Earnings Results for the Third Quarter and Nine Months Ended December 31, 2011
January 25, 2012 at 07:34 pm IST
Share
Oracle Financial Services Software Limited reported unaudited consolidated and company earnings results for the third quarter and nine months ended December 31, 2011. On consolidated basis, the company has posted a net profit of INR 2,516.80 million or INR 29.96 diluted per share for the quarter ended December 31, 2011 as compared to INR 2,473.50 million or INR 29.43 diluted per share for the quarter ended December 31, 2010. Total revenue has increased from INR 5,837.40 million for the quarter ended December 31, 2010 to INR 6,800.10 million for the quarter ended December 31, 2011. Operating profit was INR 2,481.7 million against INR 2,241.8 million a year ago.
For the nine-month period, on consolidated basis, the company reported a net profit of INR 5,897.3 million or INR 70.21 diluted per share compared to INR 6,328.1 million or INR 75.33 diluted per share for the same period ended December 31, 2010. Total revenues were INR 18,802.5 million against INR 16,668.2 million for the same period ended December 31, 2010. Operating profit was INR 6,411.6 million against INR 5,983.3 million a year ago.
On company basis, the group has posted a net profit after tax of INR 3,029.70 million for the quarter ended December 31, 2011 as compared to INR 2,824.30 million for the quarter ended December 31, 2010. Total revenue has increased from INR 7,376.30 million for the quarter ended December 31, 2010 to INR 8,159.20 million for the quarter ended December 31, 2011. Operating profit was INR 2,711.864 million against INR 2,747.450 million a year ago. Diluted per share was INR 36.07 against INR 33.60 diluted per share a year ago.
For the nine-month period, on company basis, the company reported a net profit of INR 7,158.638 million or INR 85.23 diluted per share compared to INR 7,392.874 million or INR 88.01 diluted per share for the same period ended December 31, 2010. Total revenues were INR 22,841.708 million against INR 21,315.746 million for the same period ended December 31, 2010. Operating profit was INR 7,291.390 million against INR 7,335.054 million a year ago.
Oracle Financial Services Software Limited is an India-based company that is engaged in the business of providing information technology solutions and business processing services to the financial services industry. Its segments include Product licenses and related activities (Products), and information technology solutions and consulting services (Services). The Product segment deals with various banking software products and its related activities, which include enhancements, implementation and maintenance activities. The Services segment offers services spanning the entire lifecycle of applications used by financial service institutions. Its financial services banking product portfolio includes Oracle FLEXCUBE Universal Banking, Oracle FLEXCUBE for Islamic Banking, Oracle FLEXCUBE Investor Servicing, Oracle Banking Platform, Oracle Banking Branch, Oracle Banking Origination, Oracle Financial Services Lending and Leasing, Oracle Banking Accounts and Oracle Banking Cash Management.
Oracle Financial Services Software Limited Reports Unaudited Consolidated and Company Earnings Results for the Third Quarter and Nine Months Ended December 31, 2011
ORACLE FINANCIAL SERVICES SOFTWARE LIMITED 
