Oracle's Q4 net dips 43 per cent at Rs 156 cr

IT firm Oracle Financial Services Software on Saturday said that its consolidated net profit declined by 43 per cent to Rs 156 crore for the last quarter of fiscal 2009-10 compared to that in the same period last year.

IT firm Oracle Financial Services Software on Saturday said that its consolidated net profit declined by 43 per cent to Rs 156 crore for the last quarter of fiscal 2009-10 compared to that in the same period last year.

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The total revenue declined to Rs 757.7 crore in the January-March period from Rs 794.88 crore in the same quarter last year, Oracle said in a filing to the Bombay Stock Exchange.

The company added 15 customers during the quarter.

For the year ended March 31, 2010, the company posted a consolidated net profit of Rs 773.66 crore, up 5 per cent from the previous fiscal.