Oracle Financial Shares Soar 7% on $100 Million US Bank Deal

• Oracle Financial Services Software Ltd (OFSS) shares jumped 7% after securing a $100 million perpetual software licensing deal with a US global banking client.
• This agreement is one of the largest client-specific perpetual licensing deals for OFSS, ensuring strong future revenue visibility.
• The deal involves long-term software product licensing, strengthening OFSS's presence in international banking technology.
• The agreement is subject to conditions to be fulfilled by May 29, 2026, and includes transition services and personnel support.
• OFSS reported a double-digit topline growth in the December quarter, with revenue up 15% year-on-year to ₹1,966 crore.