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Analysts polled by Dow Jones Newswires had forecast a net profit of 515 million euros.
The group confirmed its full-year sales forecast as revenue from software and related services climbed by 20 percent to 2.33 billion euros, in part owing to the consolidation of the US firm Sybase that SAP bought last year.
SAP, which makes professional software, has rebounded from a slump seen during the global economic downturn, and co-chief executive Bill McDermott was quoted in a statement as saying: "Our strong momentum continued in the first quarter."
The group expects sales of software and related services to gain 10-14 percent this year from the 2010 figure of 9.87 billion euros.