Rs 270 Dividend declared by IT company! Record date fixed – Do you own it?

IT Stock Dividend: An IT firm reported its financial results for the quarter ended March 31, 2026, showing changes in profit, revenue, and operating performance. The results were supported by revenue from the products business and the services business.

The company’s net profit increased 38.1 per cent sequentially to Rs 841.7 crore. Revenue increased 5.1 per cent to Rs 2,065.2 crore. EBIT increased 29.5 per cent to Rs 1,040.9 crore during the quarter. The EBIT margin stood at 51.2 per cent compared with 41.7 per cent in the previous quarter.

On a year-on-year basis, revenue increased 20 per cent. Operating income increased 39 per cent, and net income increased 31 per cent. Revenue from the products segment increased 21 per cent to Rs 1,871 crore. Revenue from the services segment increased 11 per cent to Rs 194 crore.

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The company under discussion is Oracle Financial Services Software Limited.

OFSS Dividend

The board of directors declared a 5,400 per cent interim dividend (Rs 270 per share on a face value of Rs 5). The company stated that it continued to generate cash during the quarter. The management said revenue was supported by demand for cloud offerings and AI-based solutions in the banking and financial services segment.

OFSS Dividend Record Date

The company has fixed Thursday, May 7, 2026, as the record date for determining eligible shareholders for the interim dividend. It has also decided that the interim dividend will be paid on or before Thursday, May 21, 2026, to shareholders whose names appear in the Register of Members of the company as on the close of business on May 7, 2026.

OFSS Dividend History

The company’s dividend history shows regular interim dividend declarations over the years. In November 2025, the company declared an interim dividend of Rs 130 per share. In May 2025, it declared an interim dividend of Rs 265 per share.

In May 2024, the company declared an interim dividend of Rs 240 per share. In May 2023, it declared an interim dividend of Rs 225 per share. In May 2022, the company declared an interim dividend of Rs 190 per share.

In May 2021, it declared an interim dividend of Rs 200 per share. The company has also conducted Annual General Meetings between July and August in each of these years.

The dividend declarations reflect regular distribution of profits to shareholders along with business operations. The latest dividend declaration is part of this pattern.

OFSS Share Price History

On the stock market, the shares were trading at Rs 8,130 on April 22, 2026. The stock touched a 52-week high of Rs 9,950 on September 11, 2025, and a 52-week low of Rs 6,234.50 on March 17, 2026. The stock is up 30.40 per cent from its 52-week low and down 18.29 per cent from its 52-week high at current levels.

The company’s market capitalisation stood at Rs 70,759.56 crore. In the past week, the stock rose 4.55 per cent, while the Nifty IT index fell 3.31 per cent. In one month, the stock rose 26.14 per cent, while the index rose 4.44 per cent.

On a year-to-date basis, the stock rose 5.76 per cent, while the Nifty IT index fell 20.11 per cent. Over one year, the stock fell 5.66 per cent, while the index fell 10.15 per cent.

Over three years, the stock returned 145.68 per cent, while the index returned 13.70 per cent. Over five years, the stock returned 148.86 per cent, while the index returned 18.08 per cent.