Moneycontrol PRO
HomeNewsBusinessStocksOracle Financial Services shares fall 5% after Q3 net profit declines 27% to Rs 541 crore

Oracle Financial Services shares fall 5% after Q3 net profit declines 27% to Rs 541 crore

Oracle Financial Services saw nearly 6% year-over-year decline in revenue from operations in Q3FY25

January 16, 2025 / 13:28 IST
stock
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Shares of Oracle Financial Services Software (OFSS) fell over 5% on January 16 after the firm reported a significant drop of nearly 27% in its consolidated net profit in the October-December quarter (Q3) of financial year 2025.

    Oracle Financial Services Software announced its Q3 results in an exchange filing in the post-market hours of January 15. Its consolidated net profit stood at Rs 541.30 crore in Q3FY25. This marks a fall of 26.93% from Rs 740.81 crore net profit reported in the same quarter of the previous financial year (FY24).

    Read about Q3 results LIVE

    Oracle Financial Services Software also saw nearly 6% year-over-year decline in revenue from operations which stood at Rs 1,751.2 crore in Q3FY25. It had reported revenue of Rs 1,823.6 crore in the year-ago period.

    The firm's EBITDA stood at Rs 783.60 crore in the quarter, down 18.59% from Rs 962.52 crore reported in Q3 of FY24.

    Read about stock market updates

    The shares of the company have so far fallen over 10% in the last six months. The stock currently has a market cap of around Rs 86,258.32 crore.

    Moneycontrol News
    first published: Jan 16, 2025 01:28 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347