Polstob
Sat, 24 Oct 2026
DevelopingEarnings

Oracle Financial Services Software Q2 FY27 net income rises 29% to ₹702 crore

Consolidated revenue rose 7% year on year to ₹1,907 crore in the quarter to 30 September 2026, while operating income climbed 25% to ₹911 crore.

Key facts
  • Net income, consolidated · Q2 FY27702 ₹ crore +29% vs Q2 FY26
  • Revenue, consolidated · Q2 FY271,907 ₹ crore +7% vs Q2 FY26
  • Operating income, consolidated · Q2 FY27911 ₹ crore +25% vs Q2 FY26
  • Basic earnings per share · Q2 FY2780.66 ₹ +28% vs Q2 FY26
  • Remaining Performance obligation · 30 September 20267,211 ₹ crore +14% year on year
Consolidated margins, % of revenues
  • Operating income48.0%+7.0 pp
  • Net income37.0%+6.0 pp

Q2 FY27Q2 FY26

Source: OFSS press release, 23 October 2026, Quarter ended 30 September 2026.

Oracle Financial Services Software, a majority-owned subsidiary of Oracle listed on the NSE and BSE, reported consolidated revenue of ₹1,907 crore (Indian rupees) for the second quarter of fiscal 2027, ended 30 September 2026. That was up 7% from the same quarter of fiscal 2026. Operating income rose 25% to ₹911 crore and net income rose 29% to ₹702 crore.

The statement, which is in INR million, shows the Products segment result up 16% to ₹8,979 million from ₹7,767 million in Q2 FY26, and the Services segment result up 71% to ₹679 million from ₹396 million. Unallocable expenses fell 35% to ₹551 million from ₹854 million. Basic earnings per share were ₹80.66, up 28% from ₹62.84 a year earlier.

Breakdown

Q2 FY27 consolidated revenues by geography

  • Americas6,541 ₹ million34%
  • Middle East and Africa3,857 ₹ million20%
  • Asia Pacific3,807 ₹ million20%
  • Europe3,228 ₹ million17%
  • India1,633 ₹ million9%

Total: 19,066 ₹ million

Source: OFSS press release, 23 October 2026, Quarter ended 30 September 2026.

Americas revenue fell 13% from ₹7,531 million in Q2 FY26, and the region's share of the total was 34%, against 42%. Middle East and Africa grew 26%, Europe 22%, Asia Pacific 18% and India 16%. By revenue line within the Products business, License & Cloud Fees rose 41% to ₹2,599 million and Maintenance Fees 12% to ₹6,474 million, while Consulting fees fell 6% to ₹8,085 million. The release puts Products business revenue at ₹1,716 crore, up 6%, and Services business revenue at ₹191 crore, up 15%.

The release reports a Remaining Performance obligation of ₹7,211 crore, 14% higher than in the same period of fiscal 2026, but does not define the measure or say over what period the company expects to recognise it as revenue.

For the six months to 30 September 2026, consolidated revenue rose 38% to ₹5,032 crore, operating income 77% to ₹2,772 crore and net income 78% to ₹2,118 crore. License & Cloud Fees for the half were ₹16,260 million, against ₹4,488 million a year earlier, a rise of 262%. The release does not give separate first-quarter figures.

The release's business highlights name new or expanded agreements with banks and financial firms in 11 countries, without contract values.