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Indian-Commodity  :  Equity & Shares  :  Oracle Financial gains on reporting 23% jump in Q1 consolidated net profit

Oracle Financial gains on reporting 23% jump in Q1 consolidated net profit (17-Aug-2016)

Oracle Financial Services Software is currently trading at Rs. 3699.90, up by 25.65 points or 0.70% from its previous closing of Rs. 3674.25 on the BSE.

The scrip opened at Rs. 3675.05 and has touched a high and low of Rs. 3724.90 and Rs. 3658.25 respectively. So far 1552 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 4446.60 on 19-Aug-2015 and a 52 week low of Rs. 3106.00 on 25-Feb-2016.

Last one week high and low of the scrip stood at Rs. 3775.20 and Rs. 3620.60 respectively. The current market cap of the company is Rs. 31419.60 crore.

The promoters holding in the company stood at 74.26%, while institutions and non-institutions held 17.43% and 8.31% respectively.

Oracle Financial Services Software has registered 18.65% rise in its net profit at Rs 295.58 crore for the quarter as compared to Rs 249.12 crore for the same quarter in the previous year. Total income of the company increased by 10.09% at Rs 1057.69 crore for quarter under review as compared to Rs 960.78 crore for the quarter ended June 30, 2015.

On the consolidated basis, the company has registered 23.48% jump in its net profit at Rs 346.22 crore for the quarter ended June 30, 2016 as compared to Rs 280.39 crore for the same quarter in the previous year. Total Income of the company increased by 8.64% to Rs 1230.64 crore for quarter under review from Rs 1132.79 crore for the quarter ended June 30, 2015.


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