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Nucleus Software Q3 net up 11.41 perc

January 23, 2008 | Trading Market.com

Nucleus Software Exports Ltd today registered a 11.41 per cent growth in its net profit at Rs 15.53 crore for the third quarter ended December 31, 2007.

The company had clocked Rs 13.94 crore in the corresponding period previous year, it said in a release.

The firm's consolidated revenue for the quarter under review stood at Rs 73.64 crore, up 31.08 per cent, from Rs 56.18 crore registered in the comparable period last year.

The company, engaged in developing software solutions and providing support services in the banking and financial services (BFSI) vertical, has added 42 employees, taking its global to 1,677.

During the quarter, Nucleus Software won orders for 14 product modules of FinnOne Suite, added five new customers and deployed 11 product modules across the globe.

Shares of the company were trading at Rs 300.10, down 4.78 per cent, at the Bombay Stock Exchange.


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