India's Oracle Financial Services Software jumps after quarterly profit rise

Oracle Financial Services Software

23/04/2026 05:27

** Shares of Oracle Financial Services Software Ltd ORCL.NS rise as much as 4.1% to 8,460 rupees

** Fintech co reports 30.7% y/y rise in Q4 consol net profit to 8.42 bln rupees ($89.5 mln); rev rose 5.1%

** Dolat Capital says rise was propelled by license rev surging 56.1% YoY and leaner cost structure

** Adds, healthy deal win momentum and monetization of $100 mln deal announced recently de-risks FY27E rev

** Stock on track for 6th straight weekly gain, rising 1.7% so far this week

** More than 928,000 shares traded as of 9:50 A.M. IST, 4.7x their 30-day moving avg

** ORCL last up 6%, adding to YTD gains of 5.7%

($1 = 94.1350 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))