IT stock declares whopping dividend of 225 per share: Do you own?
Oracle Financial Services Software is a large cap IT company recorded a market cap of 30,796.95 Cr during today's closing session.28-04-2023
28-04-2023
ORACLE FINANCIAL SERVICES SOFTWARE LTD. - 532466 - Communication To The Shareholders On Deduction Of Tax At Source On Interim Dividend
Pursuant to the declaration of interim dividend by the Board of Directors of the Company at its Board Meeting held on April 26, 2023, the Company has sent the enclosed email communication to its shareholders, whose email addresses are registered with the Company / Depository Participants. The specimen of the communication is appended for your reference and records and the same will be uploaded on the website of the Company.28-04-2023
ORACLE FINANCIAL SERVICES SOFTWARE LTD. - 532466 - Announcement under Regulation 30 (LODR)-Newspaper Publication
We enclose herewith the copies of the newspaper publications of financial results for the three month period and year ended March 31, 2023. The advertisements appeared in Business Standard (English) and Sakal (Marathi).28-04-2023
Q4FY23 Quarterly & FY23 Annual Result Announced for Oracle Financial Services Software Ltd.
IT Consulting & Software company Oracle Financial Services Software announced Q4FY23 & FY23 results: Consolidated Q4FY23: For Q4FY23, the company’s consolidated revenue was Rs 1,471 crore, up 15% YoY Operating income Rs 625 crore was up 18% YoY Net income was Rs 479 crore, down 0.5% YoY Consolidated FY23: Revenue for FY23 was Rs 5,698 crore, up 9% compared to FY22 Operating income for FY23 was Rs 2,378 crore, down 1% compared to FY22 Net Income for FY23 was Rs 1,806 crore, down 4% compared to FY22 For FY23, the Products business posted revenue of Rs 5,131 crore, up 9% compared to FY22 and operating income of Rs 2,447 crore down 0.2% YoY For the same period, the Services business posted revenue of Rs 567 crore, up 7% compared to FY22 and operating income of Rs 130 crore, down 0.2% YoY The Board of Directors of the Company declared an Interim Dividend of Rs 225 per equity share of face value of Rs 5/- each for FY23 Chet Kamat, Managing Director and Chief Executive Officer, Oracle Financial Services Software, said: “On a full-year basis, our total revenue grew by 9%. We signed USD 28.8 million in new license fees in the quarter and our quarterly revenue grew by 15.2% on a YoY basis. We also see our subscription/cloud revenue growing. We are engaged in several strategic client initiatives and have a strong deal pipeline. During the year, we invested heavily in our human capital and product capabilities, and we have continued to see success for all our products globally.” Makarand Padalkar, Executive Director and Chief Financial Officer, Oracle Financial Services Software, said: “We maintained our focus on delivering robust operating performance. Our workforce increased by 9% between March 2022 and March 2023, while the operating margin for the financial year 2022-23 was 41.7%, and the net margin was 31.7%. On a quarter-over-quarter basis, our quarterly operating income increased by 7.8% and the net income by 9.6%.” Result PDF27-04-2023
ORACLE FINANCIAL SERVICES SOFTWARE LTD. - 532466 - Disclosure On Related Party Transactions For The Half Year Ended March 31, 2023
Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, please find enclosed the disclosure of related party transactions on a consolidated basis for the half year ended March 31, 2023.26-04-2023
ORACLE FINANCIAL SERVICES SOFTWARE LTD. - 532466 - Disclosure Of The Impact Of Audit Qualifications By The Listed Entities Under Regulation 33/52 Of SEBI (LODR), (Amendment) Regulations, 2016
Pursuant to SEBI circular no. CIR/CFD/CMD/56/2016 dated May 27, 2016, we hereby confirm that M/s. S R Batliboi & Associates LLP, Chartered Accountants, Statutory Auditors of the Company, have provided un-modified opinions on the audited standalone and consolidated financial results of the Company for the year ended March 31, 2023.26-04-2023
ORACLE FINANCIAL SERVICES SOFTWARE LTD. - 532466 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
The Board of Directors of the Company at its meeting held today, alongwith other items, declared an interim dividend, and approved audited standalone and consolidated financial statements and results for the quarter and year ended March 31, 2023. In this regard, we enclose herewith a press release on the financial results.26-04-2023
ORACLE FINANCIAL SERVICES SOFTWARE LTD. - 532466 - Corporate Action-Board approves Dividend
The Board of Directors of the Company at its meeting held today, inter alia: 1. approved an Interim Dividend for the financial year 2022-23 of Rs. 225/- per equity share of face value of Rs. 5/- each; 2. fixed Tuesday, May 9, 2023 as the Record Date for the purpose of said Interim Dividend; 3. decided that the Interim Dividend be paid on or before Thursday, May 25, 2023 to the Shareholders whose names appear on the list of members of the Company as at the close of business on Tuesday, May 9, 2023; and 4. approved audited standalone and consolidated financial statements and results for the quarter and year ended March 31, 2023.26-04-2023
ORACLE FINANCIAL SERVICES SOFTWARE LTD. - 532466 - Financial Results For The Quarter And Year Ended March 31, 2023
The Board of Directors of the Company at its meeting held today, inter alia: 1. approved an Interim Dividend for the financial year 2022-23 of Rs. 225/- per equity share of face value of Rs. 5/- each; 2. fixed Tuesday, May 9, 2023 as the Record Date for the purpose of said Interim Dividend; 3. decided that the Interim Dividend be paid on or before Thursday, May 25, 2023 to the Shareholders whose names appear on the list of members of the Company as at the close of business on Tuesday, May 9, 2023; and 4. approved audited standalone and consolidated financial statements and results for the quarter and year ended March 31, 2023.26-04-2023