Oracle Financial FY'09 net up 77 pc at Rs 736.54 cr

Oracle Financial Services Software today said its net profit for the year ended March 31, 2009, rose by 77.22 per cent to Rs 736.54 crore over the last year.

The company had a net profit of Rs 415.59 crore in the year ended March 2008, Oracle Financial Services Software said in a filing to the Bombay Stock Exchange.

Revenue of the company rose to Rs 2,927.62 crore for the
period under review, from Rs 2,380.24 crore in the same period
corresponding year. The board of the company has approved acquisition of balance 10 per cent equity capital of Oracle Financial
Services Software SA, thereby making it a wholly-owned
subsidiary of the company.