Earnings Alerts

Oracle Financial Services (OFSS) Earnings: 3Q Net Income Drops 27% to 5.41B Rupees

By January 15, 2025 No Comments
  • Oracle Financial’s net income for the third quarter is 5.41 billion rupees, showing a 27% decrease compared to the previous year.
  • Revenue is reported at 17.1 billion rupees, marking a 6% decline year-on-year.
  • Total costs have risen to 10.1 billion rupees, an increase of 2.7% compared to the same period last year.
  • Other income has decreased by 26%, totaling 697 million rupees this quarter.
  • Analysts have given Oracle Financial 1 buy recommendation, with no holds or sells noted.

A look at Oracle Financial Services Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth3
Resilience5
Momentum4
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Oracle Financial Services Software Ltd. appears to have a positive long-term outlook. The company scored high in Dividend and Resilience, indicating strong performance in these areas. With a score of 5 in Dividend, Oracle Financial Services may be considered a reliable option for investors seeking stable returns over the long term. Additionally, its resilience score of 5 suggests that the company is well-positioned to weather market uncertainties and challenges.

Furthermore, Oracle Financial Services scored moderately in Growth and Momentum, indicating potential for growth and positive market sentiment. While the company did not score as high in Value, its strengths in Dividend and Resilience may still make it an attractive investment option for those looking for consistent returns in the financial services industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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