Nucleus Software's revenues for Q3 up by 47.37%

By siliconindia staff writer   |   Tuesday, 18 January 2005, 20:30 IST
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NEW DELHI: Nucleus Software Exports Limited, a leading global provider of next generation software products for banking and financial sector, today announced its Q3 results. Nucleus Software's consolidated revenue for the quarter ending 31st December 2004 increased by 47.37% to 270.77 million as compared to 183.73 million for the corresponding quarter of the previous year. Net Profit after Tax (PAT) increased to 58.88 million as compared to 17.31 million for the corresponding quarter in the previous year. For the nine months, the consolidated revenue increased by 25.77% to 721.20 million as compared to 573.42 million for the nine months of previous year. Net Profit after Tax (PAT) increased to 122.14 million as compared to 53.77 million for the nine months. Consolidated revenue increased by 47.37 % as compared to corresponding quarter of the previous year. Net Profit after Tax increased by 240.20 % in comparison to corresponding quarter of the previous year EPS for the quarter increased to 3.66 from 1.09 for thE corresponding quarter of the previous year Speaking on the announcement, Vishnu Dusad, Managing Director, Nucleus Software Exports Limited said, "Nucleus' consistent performance reinforces the success of our business model to focus on creating intellectual property and developing world class products for our customers. We aim to be a leading global provider of banking products."