Oracle Financial Services Software Reports Q3 Fiscal Year 2020 Net Income of
Rs. 457 Crore, up 27% Quarter over Quarter and up 49% Year over Year;
Revenue for the Quarter at Rs. 1,160 Crore, down 2% Year over Year
Mumbai, India, February 4, 2020: Oracle Financial Services Software Limited (Reuters: ORCL.BO and
ORCL.NS), a majority owned subsidiary of Oracle, today announced results for the quarter ended
December 31, 2019. On a consolidated basis, net income for the quarter was Rs. 457 Crore, up 49%
compared to the quarter ended December 31, 2018. Revenue for the quarter was Rs. 1,160 Crore, down
2% as compared to quarter ended December 31, 2018. The operating income for the quarter was Rs.
497 Crore, up 2% compared to the quarter ended December 31, 2018.
For the quarter ended December 31, 2019, the Products business posted revenue of Rs.1,028 Crore,
down 1% year-over-year; and the operating margin was Rs.494 Crore, down 1% as compared to the
corresponding quarter of the last fiscal year. For the same period, the Services business posted revenue
of Rs. 101 Crore, down 15% as compared to the same quarter of last fiscal year.