Dolat Capital: Oracle Financial Services’ Qualitative Wins Fortify Acceleration Hopes
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Dolat Capital Report
Oracle Financial Services Software Ltd. reported in-line results with a revenue growth of 3% YoY at Rs 11.9 billion (below our estimate at Rs 12.5 billion).
Operating profit margin for the quarter stood at 46% up 360 basis points YoY (down on QoQ basis), as cost efficiency gets further deep.
Ebit and profit after tax were in line at Rs 5.5 billion (our estimate Rs 5.5 billion) and Rs 3.9 billion (our estimate 3.9 billion).
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.