Oracle Financial Services Software Limited (OFSS) Q2 FY27 Financial Results: PAT ₹13,636 Cr & Revenue ₹25,669 Cr(3 announcements)

Oracle Financial Services Software Limited announced key leadership changes and unaudited Q1 FY2027 financial results. Andrew Mark Morawski was appointed Additional Director effective July 22, 2026, while Avadhut Ketkar succeeded Makarand Padalkar as Managing Director and CEO effective July 24, 2026, and Manish Bhandari was named CFO. The company reported consolidated revenue of ₹32,028 crores and net profit of ₹14,155 crores for the quarter ended June 30, 2026, with EPS of [amount context mismatch] basic and ₹161.92 diluted. Board committees were reconstituted, and the auditor confirmed no material misstatements. The transition follows Padalkar's retirement after 30 years, with Ketkar emphasizing continuity and operational stability.

Oracle Financial Services Software Limited announced the resignation of Managing Director and CEO Makarand Padalkar effective July 23, 2026, following board approval, alongside unaudited Q3 FY2026 results showing total income of ₹76,721 million, net profit of ₹14,155 million, and EPS of [amount context mismatch] (basic) and ₹161.92 (diluted), with the Board and Audit Committee confirming no material misstatements; the filing also details appointments of Andrew Mark Morawski as Additional Director and Avadhut Ketkar as new Managing Director and CEO for a three-year term ending July 23, 2029, while Manish Bhandari assumes the role of Chief Financial Officer.

Oracle Financial Services Software Limited reported consolidated revenue of Rs. 3,125 Crore for Q1 FY2027, up 69% YoY, driven by 75% growth in Products and 6% in Services. Net income rose 121% YoY to Rs. 1,416 Crore. The company announced leadership changes with Makarand Padalkar resigning as MD & CEO effective July 23, 2026, succeeded by Avadhut Ketkar as new MD & CEO from July 24, 2026, while Manish Bhandari became CFO. Executive commentary highlighted strong AI-first strategy execution and global client wins across banking and financial services.