IT stock declares whopping dividend of ₹225 per share: Do you own?

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Key Points

Oracle Financial Services Software is a large cap IT company that recorded a market cap of 30,796.95 Cr during today's closing session..

The company said in a stock exchange filing that its Board of Directors have approved an Interim Dividend for the financial year 2022-23 of Rs. 225/- per equity share of face value of Rs..

On a consolidated basis, the company recorded a quarterly revenue from operations of 1,470.52 Cr during Q4FY23, up by 15.17% YoY from 1,276.77 Cr during Q4FY22 whereas on a consolidated basis, revenue for fiscal year 2023 was Rs. 5,698 Crore, up 9% compared to 5,221.45 Cr during fiscal year 2022..

For the full year ended March 31, 2023, the products business posted revenue of Rs. 5,131 Cr, up 9% compared to fiscal year 2022 and for the same period, the services business posted revenue of Rs..

Chet Kamat, Managing Director and Chief Executive Officer, Oracle Financial Services Software, said:On a full-year basis, our total revenue grew by 9%..

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