Oracle Financial Services Software Declares Rs 130 Interim Dividend, Director Resigns

1 min read     Updated on 22 Oct 2025, 05:42 PM
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Reviewed by
Naman SharmaScanX News Team
Overview

Oracle Financial Services Software Limited (OFSS) has declared an interim dividend of Rs 130 per equity share for FY 2025-26, with a record date of November 3, 2025. The company also announced the resignation of Mr. Vincent Secondo Grelli, a Non-Executive, Non-Independent Director, effective October 31, 2025. Different TDS rates apply to various shareholder categories, ranging from 0% to 20%. Shareholders are urged to update their KYC details for smooth dividend payments.

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Oracle Financial Services Software Limited (OFSS) has announced significant corporate actions, including a substantial interim dividend and a change in its board composition. These developments highlight the company's financial strength and ongoing corporate governance adjustments.

Interim Dividend Declaration

The Board of Directors of OFSS has declared an interim dividend of Rs 130.00 per equity share for the Financial Year 2025-26. This dividend will be payable to shareholders whose names appear in the Register of Members and as beneficial owners in Depositories as of November 3, 2025 (Record Date).

Key Dividend Details

Aspect Details
Dividend Amount Rs 130.00 per equity share
Face Value of Share Rs 5.00
Financial Year 2025-26
Record Date November 3, 2025

Tax Implications for Shareholders

The company has outlined various tax deduction at source (TDS) rates applicable to different categories of shareholders:

Shareholder Category TDS Rate
Mutual Funds, Government 0%
Resident Individuals (conditions apply) 10%
Non-resident Shareholders 20%

Shareholders are advised to update their KYC details, including PAN, contact information, and bank account details, to ensure smooth dividend payments and appropriate tax treatment.

Board Changes

In a separate announcement, OFSS disclosed that Mr. Vincent Secondo Grelli (DIN 08262388), a Non-Executive, Non-Independent Director, has tendered his resignation. His departure will be effective from the close of business hours on October 31, 2025. Consequently, Mr. Grelli will also cease to be a member of the Audit Committee from the same date.

Investor Communication

OFSS has demonstrated a commitment to transparent communication with its shareholders. The company has provided detailed instructions for tax compliance and dividend receipt, emphasizing the importance of up-to-date shareholder information in its records.

These corporate actions reflect OFSS's focus on shareholder value and its adherence to regulatory requirements in the financial services sector. Investors and market watchers will likely keep a close eye on further developments and the company's performance in the coming quarters.

Historical Stock Returns for Oracle Financial Services Software

1 Day5 Days1 Month6 Months1 Year5 Years
-0.64%-2.63%-5.92%-0.61%-23.62%+158.69%
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Oracle Financial Services Software Reports Q2 EBITDA Growth, Declares Interim Dividend

1 min read     Updated on 17 Oct 2025, 08:55 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Oracle Financial Services Software reported Q2 EBITDA of 7.55 billion rupees, a slight increase from 7.50 billion rupees year-over-year. However, EBITDA margin decreased to 42.22% from 44.84%. The company approved an interim dividend of 130 rupees per share.

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*this image is generated using AI for illustrative purposes only.

Oracle Financial Services Software , a leading provider of software solutions for the financial services industry, has reported mixed results for the second quarter, with growth in EBITDA but a decrease in EBITDA margin.

EBITDA Growth

Oracle Financial Services Software reported Q2 EBITDA of 7.55 billion rupees, compared to 7.50 billion rupees in the same period last year. This represents a slight increase year-over-year, indicating steady performance in the company's core operations.

EBITDA Margin Decline

Despite the growth in EBITDA, the company's EBITDA margin decreased to 42.22% from 44.84% year-over-year. This decline in margin suggests that while the company is growing its earnings, it may be facing increased costs or competitive pressures affecting its profitability.

Financial Performance Overview

Here's a summary of Oracle Financial Services Software's Q2 performance:

Metric Q2 (Current) Q2 (Previous) YoY Change
EBITDA 7.55 billion 7.50 billion +0.67%
EBITDA Margin 42.22% 44.84% -2.62 percentage points

Dividend Announcement

In a move that will likely interest shareholders, the company has approved an interim dividend of 130 rupees per share. This dividend declaration demonstrates Oracle Financial Services Software's commitment to returning value to its shareholders despite the mixed financial results.

Conclusion

Oracle Financial Services Software's Q2 results present a nuanced picture of the company's performance. While the EBITDA growth is positive, the decline in EBITDA margin may raise questions about the company's cost management and pricing strategies. The declaration of an interim dividend, however, suggests confidence in the company's financial position and future prospects.

As the financial services industry continues to evolve, Oracle Financial Services Software's performance in the coming quarters will be closely watched for signs of margin improvement and sustained growth. Investors and analysts will likely focus on how the company balances its growth initiatives with profitability in an increasingly competitive fintech landscape.

Historical Stock Returns for Oracle Financial Services Software

1 Day5 Days1 Month6 Months1 Year5 Years
-0.64%-2.63%-5.92%-0.61%-23.62%+158.69%
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