Oracle Financial Services Software reported a consolidated net profit of ₹1,416 crore for the quarter ended June 30, 2026, a 121% increase compared to the same period last year. Revenue for the quarter stood at ₹3,125 crore, up 69% year-on-year, primarily driven by a 75% surge in the products business to ₹2,936 crore. The company recognized license revenue of ₹9,353 million during the quarter following a significant agreement with a leading global bank for software product licensing, personnel transfer, and transition services. EBITDA for the quarter came in at ₹18.76B, compared to ₹8.46B in the same period last year, with EBITDA margin expanding to 60.04% from 45.69% year-on-year.

On the standalone front, net profit for the quarter was ₹1,364 crore, with revenue from operations reaching ₹2,567 crore. The financial results were reviewed by the Audit Committee and approved by the Board of Directors. Statutory auditors M/s. S R Batliboi & Associates LLP issued an unmodified review conclusion on both standalone and consolidated results.

Consolidated Financial Results

The following table summarizes the consolidated financial performance for the quarter ended June 30, 2026, compared to the same period in the prior year (figures in millions of rupees):

Standalone Financial Results

On a standalone basis, the company's performance for the quarter ended June 30, 2026, is presented below (figures in millions of rupees):

Leadership Changes and Board Decisions

The Board of Directors approved key leadership changes during its meeting on July 22, 2026. Mr. Makarand Padalkar resigned as Managing Director and Chief Executive Officer, effective from the end of July 23, 2026. The Board accepted his resignation and recorded its appreciation for his contributions. Mr. Padalkar will continue with the company for a period to ensure a smooth handover.

In a strategic move, the Board appointed Mr. Avadhut (Vinay) Ketkar, currently the Chief Financial Officer, as the Managing Director and Chief Executive Officer for a term of three consecutive years from July 24, 2026 to July 23, 2029, subject to shareholder approval. Additionally, Mr. Manish Bhandari was appointed as the new Chief Financial Officer (Key Managerial Personnel) effective July 24, 2026. The Board also reconstituted various committees effective July 24, 2026, and appointed Mr. Andrew Mark Morawski as an Additional Director in the capacity of Non-Executive, Non-Independent Director, subject to shareholder approval. The company allotted 37,006 equity shares during the quarter under the Employee Stock Option Plan schemes.

Oracle Financial Services Software witnessed a notable block trade on the National Stock Exchange (NSE), with approximately 27,335 shares transacted at a price of ₹11714.00 per share. The total value of the block deal stood at ₹32.02 crores, reflecting significant institutional-scale activity in the stock.

Block Trade Details

The following table summarizes the key parameters of the block trade recorded on the NSE:

Transaction Overview

Block trades are large-volume transactions typically executed by institutional investors and are carried out outside the regular market order book to minimize price impact. The block deal in Oracle Financial Services Software, valued at ₹32.02 crores for approximately 27,335 shares at ₹11714.00 per share, represents a substantial single transaction in the stock on the NSE.