OFOracle Financial Services Software532466Quarterly results

Q2 FY2027 results: revenue Rs. 1,907 Crore up 7%, net income Rs. 702 Crore up 29%

Quarterly and half-year results declared.

By ScoutQuest · Fri 23 Oct 2026, 8:57 PM IST · 2 min read

Revenue

Rs. 1,907 Crore, up 7% YoY

Net income

Rs. 702 Crore, up 29%

Remaining Performance Obligation

Rs. 7,211 Crore, up 14%

Results snapshot

The Board of Directors approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, and the company shared a press release with the stock exchanges.

For the quarter, on a consolidated basis compared with the same period in Fiscal Year 2026:

• Revenue was Rs. 1,907 Crore, up 7%.
• Operating income was Rs. 911 Crore, up 25%.
• Net income was Rs. 702 Crore, up 29%.
• Remaining Performance Obligation (contracted work not yet recognised as revenue) was Rs. 7,211 Crore, up 14%.

For the half year, on a consolidated basis compared with the same period in Fiscal Year 2026:

• Revenue was Rs. 5,032 Crore, up 38%.
• Net income was Rs. 2,118 Crore, up 78%.

The revenue mix

• Products business posted revenue of Rs. 1,716 Crore, up 6%, for the quarter.
• Services business posted revenue of Rs. 191 Crore, up 15%, for the quarter.

What management said

Managing Director and Chief Executive Officer Avadhut Ketkar said the year-on-year growth of 7% in revenues, 25% in operating income and 29% in net income demonstrates the strength of the business, and referred to the company's domain expertise, solution portfolio and AI-powered capabilities. Chief Financial Officer Manish Bhandari said operating and net margins remained healthy during the quarter, reflecting operational efficiency and financial discipline.

Customer agreements highlighted in the release

• A U.S.-based bank expanded its investment by adding Oracle Extensibility Workbench to its existing suite of Oracle Banking products.
• A French bank signed a deal covering Oracle Banking Digital Experience, Supply Chain Finance, Trade Finance, Banking Payments and Corporate Lending.
• A leading Mexican bank signed a deal for Financial Crime and Compliance Management.
• A leading UK-based bank further invested in Oracle Banking solutions covering core banking, digital banking, payments, trade finance, treasury, liquidity and cash management.
• A prominent U.S.-based financial services organisation signed an agreement for Oracle Funds Transfer Pricing and Profitability Management.
• An Italian bank continued its investment through an agreement for Oracle's core banking application.
• One of the premier nationalised banks in India signed an agreement for Analytical Applications for risk management, financial crime and compliance management.
• A pan-European bank signed an agreement for Oracle's core banking application.
• Banks in the Philippines, Bahrain and Myanmar reaffirmed or increased investments in Oracle Banking and digital banking platforms.
• Institutions in Vietnam, the Middle East and the Netherlands selected analytical, trade finance, corporate lending and credit applications.

How to read this

• The company earns from software licences, maintenance fees and consulting sold to banks and financial institutions globally.
• The comparisons are year on year, on a consolidated basis, against the same period in Fiscal Year 2026.
• The release describes the customer agreements and expansions signed during the period; combined with the revenue and order-book figures, it gives a sense of the demand environment the company is reporting into.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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