Mumbai: Oracle Financial Services Software Ltd (OFSS) on Tuesday reported a solid set of numbers for the third quarter of FY26, with consolidated net profit rising 13% year-on-year to ₹610 crore, helped by robust growth in its core products business and steady traction across global markets.
Revenue for the quarter ended December 31, 2025, increased 15% year-on-year to ₹1,966 crore, while operating income grew 14% to ₹797 crore. The products business, which continues to be the main growth engine, posted revenues of ₹1,774 crore, up 14%, while services revenue surged 25% to ₹192 crore.
For the nine-month period ended December 31, consolidated revenue stood at ₹5,607 crore, up 9% year-on-year, while net profit rose 4% to ₹1,798 crore. The company said the reported income includes a one-time expense of ₹50 crore linked to labour code changes in India.
“We are very pleased with the all-round business success evident from the double-digit YoY growth in our quarterly revenues, operating income, and net profit,” managing director and chief executive Makarand Padalkar said, adding that Oracle Cloud-based solutions are increasingly resonating with financial institutions globally.
Chief financial officer Avadhut Ketkar said the company delivered a net profit margin of 31% despite the impact of labour-related accruals, aided by strong collections that brought days sales outstanding down to 58 days. Remaining performance obligations stood at ₹7,107 crore at the end of December, 12% higher than the previous quarter.
During the quarter, OFSS announced multiple client wins and extensions across the US, Europe, Asia-Pacific, the Middle East, Africa and India, spanning core banking, digital banking, analytics, lending and payments platforms. The company said demand remained strong across geographies, underlining sustained technology spending by banks and financial institutions on modernisation and cloud adoption.