Nucleus Software announces Q2 results

NEW DELHI: Nucleus Software Exports Limited has announced its Q2 results for financial year 2010-2011. The firm’s consolidated revenue for the quarter ending September 30 is at Rs 70.19 crore in comparison to Rs 70.75 crore in the corresponding quarter of the previous year. Net profit after tax (PAT) is at Rs 8.90 crore in comparison to Rs 9.88 crore in the corresponding quarter of the previous year.

Vishnu R Dusad, CEO and managing director, Nucleus Software said, “ There is a strong growth momentum building up with the banks realising the significance of technology in aiding calculated decisions. As an IPR-led company we are well poised to ride the growth wave and align our intellectual capital to the dynamic requirements of the banking sector.”