Earnings Review
Oracle Financial consol PAT up 19% QoQ, sales up marginally
This story was originally published at 21:57 IST on 25 April 2025
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--Oracle Fincl Jan-Mar consol net profit INR 6.44 bln vs 5.41 bln qtr ago
--Oracle Fincl Jan-Mar consol revenue INR 17.16 bln vs INR 17.15 bln qtr ago
--Oracle Fincl FY25 consol PAT INR 23.80 bln vs INR 22.19 bln year ago
--Oracle Fincl FY25 consol revenue INR 68.47 bln vs INR 63.73 bln yr ago
--Oracle Fincl to pay INR 265 per share interim dividend
--Oracle Fincl Jan-Mar consol pdts business sales INR 15.41 bln, up 3% YoY
--Oracle Fincl Jan-Mar consol services ops revenue INR 1.76 bln, up 16% YoY
By Arya S. Biju
MUMBAI – Snapping two consecutive quarters of fall, Oracle Financial Services Software Ltd. reported a sequential increase in the high teens in its March quarter bottom line. Its top line, on the other hand, grew marginally on quarter, marking the lowest sequential growth in the last 10 years.
The Indian subsidiary of Oracle Corp. engaged in financial and insurance technology services, reported a consolidated net profit of INR 6.44 billion for the March quarter, up nearly 19% on quarter. Its consolidated revenue for the quarter was INR 17.16 billion, up from INR 17.15 billion reported in the previous quarter. On a year-on-year basis, the company's net profit grew nearly 15% and revenue grew 4.5%.
For the financial year ended Mar. 31, the company reported a consolidated net profit of INR 23.80 billion, up over 7% from the previous year. Its consolidated revenue for the year was INR 68.47 billion, up over 7% from FY24.
Revenue from the product business, which accounted for 90% of the company's consolidated revenue in the March quarter, was INR 15.41 billion, down 1.3% on quarter but up 3% on year. The services business, which contributed 10% to the consolidated revenue of the company, was INR 1.76 billion, up nearly 14% on quarter and 16% on year.
The company's total expenses for the March quarter fell more than 5% sequentially to INR 9.59 billion. This was because of a near 5% sequential fall in employee benefit expenses to INR 8.11 billion. Employee benefit expenses accounted for nearly 85% of the company's total expenses in the March quarter. Other operating expenses of the company fell nearly 31% sequentially to INR 292 million. The company's other income for the quarter rose 17.5% sequentially to INR 819 million. This included a finance income of INR 764 million.
For FY25, the company reported an operating margin of 44%, up 180 basis points from the previous year, the company said. It also saw a 1.5% on-year rise in headcount during FY25. "Our accounts receivables are healthy, with the days of sales outstanding of 58 days," Avadhut Ketkar, chief financial officer of the company, said in a press release.
Along with Jan-Mar earnings, the company announced an interim dividend of INR 265 per share for FY25. The company has fixed May. 8 as the record date for the interim dividend. On Friday, shares of the company closed at INR 8,604 on the National Stock Exchange, down 1.8%. End
Edited by Ashish Shirke
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