Oracle Financial Services Software reported a phenomenal rise in standalone
net profit for the quarter ended December 2008. During the quarter, the
profit of the company rose 79.07% to Rs 1,983.70 million from Rs 1,107.80
million in the same quarter last year.

Net sales and total income for the quarter rose 29.84% to Rs 5,930.30
million each, when compared with the prior year period.

The company reported earnings of Rs 23.68 a share during the quarter,
registering 78.99% growth over previous year period.


  *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07*
*%Change* *Net Sales* 5,930.30 4,567.40 29.84 *Net Profit* 1,983.70 1,107.80
79.07 *Basic EPS* 23.68 13.23 78.99

Interest cost decreased 37.88% to Rs 82 million while depreciation cost fell
33.15% to Rs 111.30 million over previous year period.

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