Oracle Financial Services CEO Padalkar Resigns; Q1 Revenue Surges 69% To ₹3,125 Crore

Q1FY27 revenue surged 69% YoY to Rs. 3,125 crore and net income 121% to Rs. 1,416 crore, driven by a landmark global bank deal. RPO was Rs. 7,345 crore (+16% YoY). CEO Makarand Padalkar resigned; CFO Avadhut Ketkar appointed MD & CEO, with Manish Bhandari as CFO.