Oracle Financial Services has reported a fall of 45% (QoQ) in profits for the first quarter of FY12. During the period, consolidated net profit of the company went down to Rs 204.2 crore as against Rs 372 crore in the previous quarter.
Consolidated revenue fell nearly 18% to Rs 712 crore from Rs 865 crore quarter-on-quarter.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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