Business Ideas
Oracle Financial Services Q3 net dips 14% to Rs 227 cr
IT solutions provider Oracle Financial Services Software today reported a 13.68 per cent decline in consolidated net profit at Rs 227 crore for the quarter ended December 31, 2009. - PTC Q3 net dips 33% to Rs 15 cr - Bhushan Steel Q3 net surges 11 times to Rs 227 cr - MMTC Q3 net rises 12.8% to Rs 28 cr - Sun Pharma Q3 net down 17% to Rs 339 cr - Titan Ind Q3 net climbs over fivefold to Rs 75 cr - PVR Q3 profit up 64% on volume growth As per Indian accounting standards, total revenue declined to Rs 727 crore for the third quarter ended December 31, from Rs 801 crore in the same period last year, Oracle Financial Services said in a filing to the Bombay Stock Exchange. On the standalone basis, the company posted a net profit of Rs 191 crore for the October-December quarter, down 3.53 per cent over the year-ago period.Payday Loan commented:
Overall the performance was good for the oracle in the last few years and this dip in the profit doesn’t means that they are not going well as these ups and downs will come in the business and there is no point to be panic in this situation.
30.07.2011