Nucleus Software Exports Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 23, 2018 at 05:37 am
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Nucleus Software Exports Limited announced unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, on consolidated basis, the company's revenue from operations was INR 1,060.195 million compared with INR 931.433 million a year ago. Profit before tax was INR 222.246 million compared with INR 214.975 million a year ago. Profit attributable to the shareholders of the company was INR 181.103 million or INR 6.24 per basic and diluted share compared with INR 178.829 million or INR 5.52 per basic and diluted share a year ago. EBITDA was INR 186 million compared with INR 137 million a year ago.
For the nine months, on consolidated basis, the company's revenue from operations was INR 3,007.849 million compared with INR 2,787.018 million a year ago. Profit before tax was INR 583.945 million compared with INR 549.464 million a year ago. Profit attributable to the shareholders of the company was INR 181.103 million or INR 14.58 per basic and diluted share compared with INR 178.829 million or INR 14.13 per basic and diluted share a year ago. EBITDA was INR 424 million compared with INR 390 million a year ago.
For the quarter, on standalone basis, the company's revenue from operations was INR 877.011 million compared with INR 751.053 million a year ago. Profit before tax was INR 174.855 million compared with INR 171.674 million a year ago. Profit for the period was INR 140.960 million or INR 4.85 per basic and diluted share compared with INR 144.006 million or INR 4.45 per basic and diluted share a year ago.
For the nine months, on standalone basis, the company's revenue from operations was INR 2,454.132 million compared with INR 2,237.915 million a year ago. Profit before tax was INR 606.624 million compared with INR 430.534 million a year ago. Profit for the period was INR 499.982 million or INR 16.10 per basic and diluted share compared with INR 366.790 million or INR 11.33 per basic and diluted share a year ago.
Nucleus Software Exports Limited is a provider of lending and transaction banking products to the financial services industry. The Company is engaged in the business of development and marketing of software, product, and software services for business entities in the banking and financial services (BFS) vertical having its operating units located in Noida, Uttar Pradesh. It operates in seven geographical segments: India, Far East, Southeast Asia, Europe, Middle East, Africa, and Australia. Its two flagship products include FinnOne Neo and FinnAxia. FinnOne Neo suite is an end-to-end solution for lending businesses. FinnAxia suite offers an enterprise solution for the transaction banking operations of corporate banks. It provides various lending, such as FinnOne Neo retail lending, FinnOne Neo corporate lending, FinnOne Neo digital channels, and Nucleus lending analytics. Its transaction banking includes advisory services and FinnAxia cash and liquidity management.
Nucleus Software Exports Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017