July 23, 2012
| Press Release
New Delhi, India, July 23, 2012
Nucleus Software announces Q1 FY 13 Results
: Nucleus Software Exports Limited (NSE: NUCLEUS, BSE: 531209) today announced Q1 results for the financial year 2012-13.
Nucleus Software's consolidated revenue for the quarter ended June 30, 2012 is at Rs. 73.95 crore in comparison to Rs. 64.27 crore in the corresponding quarter previous year. The consolidated EBITDA is at Rs. 9.16 crore in comparison to Rs. 5.48 crore in the corresponding quarter previous year. Net Profit after Tax (PAT) is at Rs. 12.30 crore in comparison to Rs. 5.03 crore in the corresponding quarter previous year.Highlights:
Consolidated results for the quarter ended June 30, 2012
Commenting on the financial results, Mr. Vishnu R. Dusad, CEO and Managing Director, Nucleus Software,
- Revenue for the quarter at Rs. 73.95 crore from software products and software development services in comparison to Rs. 64.27 crore in Q1 FY 12.
- Product business revenue for the quarter at Rs.50.58 crore in comparison to Rs. 47.08 crore in Q1 FY 12.
- EBIDTA for the quarter at Rs. 9.16 crore in comparison to Rs. 5.48 crore in Q1 FY 12.
- Net Profit after Tax (PAT) for the quarter at Rs. 12.30 crore in comparison to Rs. 5.03 crore in Q1 FY 12.
- Earning Per Share for the quarter at Rs. 3.80 in comparison to Rs. 1.55 in Q1 FY 1
said: “Rrevenue for the quarter, is up on both QoQ and YOY basis, with better foreign exchange realization. Though there have been delays in closing new product business, with the complete management team in place now, and a reasonable demand in our markets, we expect to improve business performance in forthcoming quartes.”
Successful Global Implementations
Nucleus Software has successfully implemented fourteen modules of products during the quarter across India, Europe, South East Asia and Middle East. These successful implementations reiterate Nucleus’ capabilities to not just fulfill, but exceed customer expectations.Global Strength
The global strength of employees at Nucleus Software as on June 30, 2012 stands at 1644 against 1638 as on June 30, 2011. Liquidity
Cash and cash equivalents, including investments in liquid schemes and Fixed Maturity Plans of mutual funds and Fixed Deposits with Banks, as on June 30, 2012 was Rs. 222.80 crore
against Rs. 196.32 crore
as on March 31, 2012. Investor Conference Call Q1 FY 13 Information:
On Monday, July 23, 2012
, the Management Team at Nucleus Software including the Chief Executive Officer and Managing Director, Mr. Vishnu R Dusad
will participate in a conference call for Investors and Analysts at 4:00 PM IST. Details of the Earnings Conference Call are given below:
||July 23, 2012
||4:00 PM IST
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