Oracle Financial Services Software Q1 Results Total Income Rises to ₹17,414 Million with PAT of ₹6,167 Million

Oracle Financial Services Software Q1 Results: Oracle Financial Services Software Limited announced its Q1 results for the fiscal year 2024-2025 on September 9, 2024. The company reported a modest increase in total revenue by 3.74% compared to the previous quarter, with revenue rising from ₹17,249 million in March 2024 to ₹17,894 million in June 2024.

Despite this quarter-over-quarter (QoQ) growth, the net profit slightly decreased by 1.05% from ₹6,167 million to ₹6,224 million, reflecting some pressure on profitability even with higher revenues. In terms of year-over-year (YoY) performance, Oracle Financial Services Software saw a significant improvement in both revenue and net profit.

The total revenue increased by 8.98% compared to the same quarter last year, while net profit grew by 10.10%. However, the company experienced a decline in comprehensive income, which fell by 11.90% from ₹5,513 million to ₹6,224 million YoY.

These results indicate a solid start to the fiscal year, though the company will need to maintain or improve its performance to sustain these gains.

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Oracle Financial Services Software Q1 Results 2024 - 2025

Oracle Financial Services Software Limited has released its Q1 financial results for the fiscal year 2024-2025. The results show a mix of growth in revenue and a slight decline in net profit compared to the previous quarter. Below is a summary of the key figures:

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Oracle Financial Services Software Current Market Overview

Oracle Financial Services Software is currently performing well in the market. The company's stock is priced at ₹10,917, reflecting a market capitalization of ₹94,685 crore. It trades on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) with tickers 532466 and OFSS, respectively.

The stock has a Price-to-Earnings (P/E) ratio of 40.5 and offers a dividend yield of 2.18%. The company’s financial metrics show a solid Return on Capital Employed (ROCE) of 39.5% and a Return on Equity (ROE) of 29.0%. The stock has fluctuated between a high of ₹11,700 and a low of ₹3,869.

Quarterly Results

Here is a summary of Oracle Financial Services Software's quarterly results for the last three quarters:

The company has shown notable performance in recent quarters. The following table outlines key financial metrics for December 2023, March 2024, and June 2024:

About Oracle Financial Services Software

Oracle Financial Services Software Limited is a global technology company that specializes in providing software solutions for the financial services industry. Based in Mumbai, India, the company is a subsidiary of Oracle Corporation.

It offers a range of products designed to help banks, insurance companies, and other financial institutions manage their operations more effectively. Oracle Financial Services Software is known for its flagship product, Flexcube, which is used widely for core banking operations.

The company focuses on delivering innovative solutions that support various aspects of financial management, including risk, compliance, and customer experience.

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