Nucleus Software Exports Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2019
April 23, 2019 at 09:53 am
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Nucleus Software Exports Limited announced earnings results for the fourth quarter ended March 31, 2019. For the fourth quarter, the company announced total revenue was INR 1,333.100 million compared to INR 1,185.200 million a year ago. Net income was INR 170.800 million compared to INR 172.600 million a year ago. Basic earnings per share was INR 5.88 compared to INR 5.94 a year ago. For the full year, total revenue was INR 5,115.100 million compared to INR 4,405.300 million a year ago. Net income was INR 745.400 million compared to INR 625.500 million a year ago. Basic earnings per share was INR 25.67 compared to INR 20.47 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.