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Oracle Financial Services Software Ltd Q2FY24; 5% rise in Profits

Oracle Financial Services Software Ltd provides financial software, custom application development, consulting, IT infrastructure management, and outsourced business processing services to the financial services industry. The company was incorporated in 1989 and is based in Mumbai, India. Oracle Financial Services Software Limited is a subsidiary of Oracle Global (Mauritius) Limited.

Financial Results:

  • Oracle Financial Services Software Ltd reported Revenues for Q2FY24 of ₹1,444.00 Crores up from ₹1,376.00 Crore year on year, a rise of 4.94%.
  • Total Expenses for Q2FY24 of ₹913.00 Crores up from ₹836.00 Crores year on year, a rise of 9.21%.
  • Consolidated Net Profit of ₹417.00 Crores up 4.77% from ₹398.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹48.20, up 4.67% from ₹46.05 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Finance
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