Nucleus Software Q4 net jumps 80%

Our Bureau New Delhi | Updated on May 05, 2014 Published on May 05, 2014

Software solutions provider to banking and financial organisations globally, Nucleus Software Exports, on Monday reported a net profit of ₹18.84 crore for the fourth quarter ended March 31, 2014.

This was up 80 per cent compared with ₹10.45 crore in the corresponding quarter of the previous year, the company said in a statement.

Consolidated revenues also rose 19 per cent to ₹87.69 crore from software products and software development services from ₹73.44 crore in the corresponding quarter of last year.

Earnings per share for the quarter stood at ₹5.82 against ₹3.23 in the corresponding quarter of 2013.

As of March 31, 2014, the company’s headcount stood at 1,520. It has around 150 customers across the globe. The company’s shares closed ₹ 212.25 on the BSE on Monday, down 7.96 per cent from the previous close.

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Published on May 05, 2014
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