Oracle Financial Services Software Reports Strong Q2, Net Income Jumps 29% To ₹702 Crore; Revenue Up 7%

Oracle Financial Services Software, a unit of Oracle Corporation, announced solid second-quarter results on September 30, 2026. The company reported a net income of ₹702 crore, marking a 29% rise from the same period last year. For the quarter, revenue reached ₹1,907 crore, up 7% compared to the prior year. Looking at half-year results, Oracle Financial Services Software saw a net income surge of 78% to ₹2,118 crore and revenue increase of 38% to ₹5,032 crore.

The company's operating income saw a notable 25% increase for the quarter and a massive 77% increase for the half-year. Net margins improved by 6 percentage points to 37% year-on-year. Products business generated ₹1,716 crore for the quarter, a 6% increase, while services generated ₹191 crore, a 15% rise. For the half-year, product revenue rose 41% to ₹4,652 crore, and services revenue grew 11% to ₹380 crore.

CEO Avadhut Ketkar highlighted the year-on-year growth in revenues, operating income, and net income, praising the business's strength and sustained financial performance. CFO Manish Bhandari emphasized the commitment to operational efficiency reflected in healthy operating and net margins. Notably, Oracle extended its reach with new partnerships, including a US bank adding Oracle Extensibility Workbench to Oracle Banking products, a French bank signing deals for various Oracle Banking solutions, and a Mexican bank strengthening its collaboration with Oracle for financial crime and compliance management.