Oracle Financial Services, IT financial services solutions vendor, has posted an increase in net profit for the Q2 of the current fiscal (FY10). During the said quarter, profit rose two folds to Rs 204.56 crore in comparison to the same quarter previous year(FY09).

The company informed the market that the total income decreased to Rs 679 crore as compared to Rs 699.65 crore of corresponding quarter of last fiscal (FY08).

Oracle Financial Services share’s CMP is Rs 2125.90 on 30th Oct 09.

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