Categories Earnings, Research Summary, Technology

Oracle Fin. Serv. Software Q3FY23 Earnings

Oracle Financial Services Software Ltd offers a wide range of services that include consulting, custom application development, financial software, IT infrastructure management, and outsourced business processing services to the financial services industry.

Financial Results:

Oracle Financial Services Software Ltd.’s revenue in Q3FY23 rose 14% to ₹ 14,493 millions. Consolidated Profit After Tax came at ₹ 4,373 millions showcasing a 0.5% rise YoY over the corresponding period. In this quarter’s results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3Y23.

For the period ended December 31, 2022, the company reported earnings per share of INR 50.44 as compared to INR 50.24 which was reported for the period ended December 31, 2021.

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