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Nucleus Software Exports Q3 Net Advances 70.49%

January 22, 2007 | Myiris
Nucleus Software (Q, N,C,F)* Exports registered 70.49% growth in net profits to Rs 106.68 million for the quarter ended Dec. 31, 2006 as compared with Rs 62.57 million in the corresponding quarter previous year.

Total income rose 67.84% to Rs 397.03 million in the current quarter from Rs 236.55 million for the quarter ended Dec. 31, 2005.

The company`s sales grew to Rs 383.03 million in the current quarter from Rs 224.93 million in the previous quarter.

The earning per share of the company increased to Rs 6.62 from Rs 3.89 in the last quarter.

Nucleus Software Exports bagged a contract from Acom, a leading consumer finance company in Japan, to implement FinnOne and PowerCARD offshore development services to be offered from India. The scope of the deal covers end-to-end IT transformation of ACOM consumer finance operations across its branches and networks.

Shares of the company closed down by Rs 39.50, or 4.65%, at Rs 810.65. Total volumes of shares traded on BSE was 168,688. (Monday)