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Oracle Financial Services Software Limited Q1FY22 consolidated PAT jumps to Rs. 524.18 crore equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
On a consolidated basis, Oracle Financial Services Software (OFSS) reported 7.1% rise in net profit to Rs 460.31 crore on 2.2% fall in net sales to Rs 1210.86 crore in Q4 FY21 over Q3 FY21. Profit before tax in Q4 FY21 stood at Rs 604.72 crore, up by 0.3% from Rs 602.67 crore in Q3 FY21. On a consolidated basis, net income for fiscal year 2021 was Rs 1,762 crore, up 20% compared to fiscal year 2020. Revenue for fiscal year 2021 was Rs 4,984 crore, up 3% compared to fiscal year 2020. Operating income for fiscal year 2021 was Rs. 2,345 crore, up 13% compared to fiscal year 2020. For the full year ended 31 March 2021, the products business posted revenue of Rs 4,425 crore, up 3% compared to fiscal year 2020, and operating income of Rs 2,382 crore, up 12% year-over-year. For the same period, the services business posted revenue of Rs 423 crore, down 1% year-over-year, and the operating income of Rs 88 crore, up 13% year-over-year. ....