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  1. Oracle Financial Services Software (OFSS) shares post biggest single-day gain in over two years; here is why

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Oracle Financial Services Software (OFSS) shares post biggest single-day gain in over two years; here is why

Abhishek Vasudev.jpg

3 min read | Updated on April 23, 2026, 13:10 IST

SUMMARY

OFSS in an exchange filing said that its net profit in January-March quarter jumped 31% to ₹842 crore from ₹644 crore in the same period last year.

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Oracle layoffs

Oracle has reportedly laid off around 12,000 employees in India, nearly a third of its local workforce. Image: Shutterstock

Shares of Oracle Financial Services Software (OFSS) surged as much as 8.9%, its biggest single-day gain since January 15, 2024, to hit an intraday high of ₹8,850 on the National Stock Exchange (NSE) on Thursday, April 23, after the subsidiary global tech giant Oracle reported its March quarter earnings post market hours on Wednesday.

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OFSS in an exchange filing said that its net profit in January-March quarter jumped 31% to ₹842 crore from ₹644 crore in the same period last year. For financial year 2025-26, OFSS' net profit advanced 11% to ₹2,639 crore compared with ₹2,380 crore in the previous financial year.

OFSS' revenue from operation in fourth quarter of financial year 2025-26 advanced 20% to ₹2,065 crore from ₹1,716 crore in the year-ago period.

The company's operating income advanced 39% to ₹1,049 crore, revenue from its product business advanced 21% to ₹1,871 crore and revenue from services business rose 11% to ₹194 crore.

The company's board announced a second interim dividend of ₹270 per share.

“We are pleased to report the fiscal year results with strong growth of 12% in revenues, 13% in operating income, and 11% in net income,” said Makarand Padalkar, Managing Director and Chief Executive Officer, Oracle Financial Services Software.

“The strategic partnerships and close synergies of our sales, marketing, and development engines position us strongly to gain market leadership. Our cloud offerings are transforming banking with embedded AI capabilities and intelligent agents. Financial institutions can now leverage an enterprise grade suite of AI-powered applications and pre-built agents across banking, payments, analytics, risk management, compliance, lending, etc. automating critical processes, accelerating decisions, driving growth, and increasing business momentum," Padalkar added.

Q4 key business highlights

OFSS was chosen by a rapidly growing bank across the Americas to leverage its analytical applications.

"Ceskoslovenská obchodní banka, a. s. (ČSOB) from the Czech Republic provides retail, Small and Medium-sized Enterprises (SMEs), and corporate banking services. The bank has further invested in Oracle Banking applications for core banking, liquidity management, corporate lending, revenue management, and billing," OFSS aid.

A recognized Singaporean bank has continued to expand its footprint with Oracle by signing a deal for core banking, payments, and corporate credit applications to grow its solutions footprint and further its journey to become a global leader.

As of 11:23 am, OFSS shares traded 8.55% higher at ₹8,821, outperforming the NIFTY50 index which was down 0.8%.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.

About The Author

Abhishek Vasudev.jpg
Abhishek Vasudev is a business journalist with over 15 years of experience covering business and markets. He has worked for leading media organisations of the country.

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