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Nucleus Software Q3 Net up 11.41%

January 23, 2008 | WEBINDIA123.com
Nucleus Software's today said its net profit increased by 11.41 per cent to Rs 15.53 crore for the third quarter ended December 31, 2007 compared to Rs 13.94 crore in the corresponding quarter last year.

The company's consolidated revenue for the quarter ending 31st December 2007 increased by 31.08 per cent to Rs 73.64 crore in comparison to Rs 56.18 crore in the same period last year.

''Our continued focus on our intellectual property led business and innovation in product development has augmented our capability to serve our clients in a competitive marketplace. We continue to focus on being a partner of choice to our customersm,'' company's CEO & MD Nucleus Software Vishnu R Dusad said in a statement.