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Oracle Financial Services Software zooms on reporting 69% rise in Q3 consolidated net profit
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Oracle Financial Services Software is currently trading at Rs. 6151.05, up by 1063.65 points or 20.91% from its previous closing of Rs. 5087.40 on the BSE.
The scrip opened at Rs. 5596.10 and has touched a high and low of Rs. 6238.00 and Rs. 5596.10 respectively. So far 118249 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 6238.00 on 18-Jan-2024 and a 52 week low of Rs. 2987.40 on 01-Feb-2023.
Last one week high and low of the scrip stood at Rs. 6238.00 and Rs. 4380.05 respectively. The current market cap of the company is Rs. 53362.23 crore.
The promoters holding in the company stood at 72.78%, while Institutions and Non-Institutions held 16.37% and 10.85% respectively.
Oracle Financial Services Software has reported results for third quarter ended December 31, 2023 (Q3FY24).
The company has reported 62.64% rise in net profit at Rs 700.06 crore for the quarter ended December 31, 2023 as compared to Rs 430.44 crore for the same quarter in the previous year. Total income of the company increased by 28.35% at Rs 1,455.23 crore for Q3FY24 as compared Rs 1,133.80 crore for corresponding quarter of the previous year.
On consolidated basis, the company reported 69.39% rise in its net profit at Rs 740.81 crore for Q3FY24 as compared to Rs 437.33 crore for the same quarter in the previous year. Total income of the company increased by 28.69% at Rs 1,917.57 crore for Q3FY24 as compared Rs 1,490.10 crore for corresponding quarter of the previous year.
