Oracle Financial Services Q3 Net Falls 23%

Oracle Financial Services Software Ltd today reported a 22.66 per cent decline in its consolidated net profit at Rs 249.67 crore.

The company had posted a net profit of Rs 322.84 crore during the same period of previous fiscal.
     
Net sales of the company declined to Rs 937.69 crore for the third quarter, compared to Rs 981.69 crore during the same period of previous fiscal, Oracle Financial Services Software Ltd said in a filing to the BSE.
     
Shares of the company closed at Rs 3,440.85 apiece on the BSE, up 3.03 per cent from its previous close.