Nucleus Software Exports Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 14, 2023 at 03:41 am EST
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Nucleus Software Exports Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 1,786.5 million compared to INR 1,295.8 million a year ago. Net income was INR 383.4 million compared to INR 80.4 million a year ago. Basic earnings per share from continuing operations was INR 14.32 compared to INR 2.77 a year ago. Diluted earnings per share from continuing operations was INR 14.32 compared to INR 2.77 a year ago.
For the nine months, revenue was INR 4,525.9 million compared to INR 3,724.6 million a year ago. Net income was INR 601.4 million compared to INR 226.2 million a year ago. Basic earnings per share from continuing operations was INR 22.46 compared to INR 7.79 a year ago. Diluted earnings per share from continuing operations was INR 22.46 compared to INR 7.79 a year ago.
Nucleus Software Exports Limited is a provider of lending and transaction banking products to the financial services industry. The Company is engaged in the business of development and marketing of software, product, and software services for business entities in the banking and financial services (BFS) vertical having its operating units located in Noida, Uttar Pradesh. It operates in seven geographical segments: India, Far East, Southeast Asia, Europe, Middle East, Africa, and Australia. Its two flagship products include FinnOne Neo and FinnAxia. FinnOne Neo suite is an end-to-end solution for lending businesses. FinnAxia suite offers an enterprise solution for the transaction banking operations of corporate banks. It provides various lending, such as FinnOne Neo retail lending, FinnOne Neo corporate lending, FinnOne Neo digital channels, and Nucleus lending analytics. Its transaction banking includes advisory services and FinnAxia cash and liquidity management.
NUCLEUS SOFTWARE EXPORTS LIMITED 
