GAAP revenue from the products business was up 31% to Rs. 1,813 crore, while GAAP revenue from the services business was up 11% YoY to Rs. 1,043 crore.
âWe are delighted to have delivered outstanding growth in earnings for the full year with the earnings per share increasing by 77% to Rs 88. The continued momentum in customer wins and growing traction in multiple markets demonstrate our compelling value proposition,â said N.R.K. Raman, Managing Director and CEO, Oracle Financial Services Software.
âDriven by strong operating performance, our cash flow from operations in FY09 grew 63% over the last fiscal year. Our continued focus on cost containment and productivity improvements have resulted in operating margins increasing by 7.9 percentage points and net margins increasing by 7.7 percentage points as compared to last year. All lines of business have registered an increase in profitability,â said Makarand Padalkar, Chief Financial Officer, Oracle Financial Services Software.