Nucleus Software announces Q3 results

NEW DELHI, INDIA: Nucleus Software Exports Limited, announced its Q3 results for the financial year 2011-2012.

Nucleus Software's consolidated revenue for the quarter ending December 31, 2011, is at Rs. 74.00 crore in comparison to Rs. 68.61 crore in the corresponding quarter of the previous year. 

With total expenses at Rs. 63.95 crore in comparison to Rs. 58.50 crore in the corresponding quarter of the previous year, the consolidated EBITDA is at Rs. 10.05 crore in comparison to Rs. 10.10 crore in the corresponding quarter of the previous year, said a press release.

Net profit after tax (PAT) is at Rs. 10.07 crore in comparison to Rs. 7.71 crore in the corresponding quarter of the previous year.

For the nine month period ending December 31, 2011, consolidated revenue is at Rs. 212.19 crore in comparison to Rs. 204.94 crore in the corresponding period previous year.

With total expenses at Rs. 185.90 crore in comparison to Rs. 178.41 crore in the corresponding period previous year, the consolidated EBITDA is at Rs. 26.28 crore in comparison to Rs. 26.53 crore in the corresponding period previous year, said a press release.

Net Profit after tax (PAT) is at Rs. 26.55 crore in comparison to Rs. 21.90 crore in the corresponding period previous year.

Vishnu R. Dusad, CEO and managing director, Nucleus Software said, ''The new order wins in this quarter coupled with recognition by industry bodies, highlight our leadership position amongst the organizations that offer niche technology solutions to the banking and financial services sector in the industry. We are optimistic about receiving new opportunities from regions across the globe.''