Oracle Financial Services Software Ltd.

BSE: 532466 | NSE: OFSS
Mid Cap | IT - Software
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Oracle Financial Services Software reports 69% rise in Q3 consolidated net profit

Date: 18-01-2024

Oracle Financial Services Software has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 62.64% rise in net profit at Rs 700.06 crore for the quarter ended December 31, 2023 as compared to Rs 430.44 crore for the same quarter in the previous year. Total income of the company increased by 28.35% at Rs 1,455.23 crore for Q3FY24 as compared Rs 1,133.80 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported 69.39% rise in its net profit at Rs 740.81 crore for Q3FY24 as compared to Rs 437.33 crore for the same quarter in the previous year. Total income of the company increased by 28.69% at Rs 1,917.57 crore for Q3FY24 as compared Rs 1,490.10 crore for corresponding quarter of the previous year.