Oracle Financial Services Software Q2 FY27 Results: Consolidated Net Profit ₹702 Crore on Total Income of ₹1,972 Crore
Earnings
enterprise software
Blacklitt Research3 min read
Oracle Financial Services Software (NSE: OFSS) reported consolidated total income of ₹1,972.10 crore and net profit of ₹702.40 crore for the quarter ended 30 Sep 2026. Standalone total income was ₹1,490.10 crore and net profit ₹627.50 crore. It said in a filing on 23 Oct 2026.
Key highlights
Consolidated
Including its subsidiaries
Total income: ₹1,972.10 crore, up 6.3% YoY and down 38.4% QoQ
Net profit and EPS: ₹702.40 crore, up 28.6% YoY; basic EPS ₹80.66
Tax expense: ₹273.80 crore, up 9.0% YoY; 28.0% of profit before tax
Standalone
The company on its own, without its subsidiaries
Total income: ₹1,490.10 crore, up 9.9% YoY and down 43.3% QoQ
Net profit and EPS: ₹627.50 crore, up 35.6% YoY; basic EPS ₹72.06
Tax expense: ₹225.10 crore, up 41.6% YoY; 26.4% of profit before tax
Summary
Consolidated ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
1,972.10
1,855.10
+6.3%
3,202.80
-38.4%
Revenue from operations
1,906.60
1,788.80
+6.6%
3,125.20
-39.0%
Other income
65.50
66.30
-1.2%
77.60
-15.6%
702.40
546.10
+28.6%
1,415.50
-50.4%
Finance costs
1.10
7.80
-85.9%
0.70
+57.1%
Depreciation
13.80
16.50
-16.4%
14.70
-6.1%
Tax expense
273.80
251.10
+9.0%
523.20
-47.7%
Net profit margin
35.62%
29.44%
+6.18 pp
44.20%
-8.58 pp
Tax as share of profit before tax
28.0%
31.5%
-3.45 pp
27.0%
+1.06 pp
EPS, basic (₹)
80.66
62.84
+28.4%
162.59
-50.4%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated net profit rose 28.6% year on year, faster than total income, which rose 6.3%. Profit before tax rose 22.5%, to ₹976.20 crore from ₹797.20 crore. Tax expense rose 9.0%, to ₹273.80 crore, and was 28.0% of profit before tax against 31.5% a year earlier.
Total income fell 38.4% from the June quarter, when it was ₹3,202.80 crore. The filing says that quarter's figures include license revenue of ₹935.30 crore and other income of ₹19.10 crore from an agreement with one existing customer, which the company entered into in that quarter.
Employee benefit expenses include severance of ₹35.30 crore in the quarter and ₹213.50 crore in the six months. The year ended 31 Mar 2026 includes a Labour Code provision of ₹76.60 crore; the filing says the four Labour Codes were notified on 21 Nov 2025.
Standalone ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
1,490.10
1,355.80
+9.9%
2,629.20
-43.3%
Revenue from operations
1,426.50
1,300.90
+9.7%
2,566.90
-44.4%
Other income
63.60
54.90
+15.8%
62.30
+2.1%
627.50
462.60
+35.6%
1,363.60
-54.0%
Finance costs
0.60
0.60
0.0%
0.70
-14.3%
Depreciation
11.80
14.20
-16.9%
12.20
-3.3%
Tax expense
225.10
159.00
+41.6%
457.40
-50.8%
Net profit margin
42.11%
34.12%
+7.99 pp
51.86%
-9.75 pp
Tax as share of profit before tax
26.4%
25.6%
+0.82 pp
25.1%
+1.28 pp
EPS, basic (₹)
72.06
53.23
+35.4%
156.63
-54.0%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone net profit rose 35.6% year on year, to ₹627.50 crore, against 9.9% growth in total income. Profit before tax rose 37.2%, to ₹852.60 crore from ₹621.60 crore, and tax expense rose 41.6%, to ₹225.10 crore from ₹159.00 crore.
Other income was ₹63.60 crore, 4.3% of total income, against ₹54.90 crore a year earlier. In the year ended 31 Mar 2026, standalone other income included dividend income of ₹433.40 crore from subsidiary companies and a reversal of ₹16.70 crore of provision for an investment in the subsidiary ISP Internet Mauritius Company.
Standalone total income was ₹1,490.10 crore, down 43.3% from ₹2,629.20 crore in the June quarter. The standalone notes carry the same license revenue of ₹935.30 crore and other income of ₹19.10 crore from the customer agreement.
Inference
The statutory auditor, S.R. Batliboi & Associates LLP, expressed an unmodified review conclusion on both sets of results. Equity dividend paid in the six months to 30 Sep 2026 was ₹2,349.50 crore. The company allotted 29,878 equity shares in the quarter and 66,884 in the six months on exercise of ESOP options. Consolidated total assets were ₹9,795.20 crore and goodwill ₹608.70 crore at 30 Sep 2026.
Avadhut Ketkar was appointed Managing Director and Chief Executive Officer with effect from 24 Jul 2026, after Makarand Padalkar resigned with effect from the end of 23 Jul 2026; a postal ballot approved Ketkar's appointment on 2 Oct 2026. Manish Bhandari became Chief Financial Officer from 24 Jul 2026, and Andrew Mark Morawski joined as a non-executive, non-independent director from 22 Jul 2026.
A reason for the fall in total income from the June quarter is not stated, and whether the ₹935.30 crore license revenue will recur is not known.
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OFSSOracle Financial Services Software Ltd.