The interim budget 2024 announced by Finance Minister Nirmala Sitharaman didn’t offer much to be excited about, but the government continued on its fiscal consolidation path, focusing on capital expenditure and other welfare offerings.
The revenues on a consolidated basis are at Rs. 204.1 Crore for the quarter ended 31st December 2023 as against Rs. 169.3 Crore in Q3 of FY 2022-23. The PAT on a consolidated basis is at Rs. 41.3 Crore, as against Rs. 38.3 Crore in Q3 of FY 2022-23.
Nucleus Software Exports Ltd shares were locked at a lower circuit of 5% at ₹1,472.80 per piece on NSE during the entire session on Tuesday as margin narrowed down in the December quarter.
Vishnu R Dusad, Co-Founder & Managing Director, Nucleus Software speaks with BTTV’s Sakshi Batra about company’s Q3 results and business guidance in FY24. In the quarter ended December 31, 2023, Nucleus Software’s consolidated revenues reached Rs. 204.1 Crore, marking an increase from Rs. 169.3 Crore in Q3 of FY 2022-23.
Nucleus Software Exports is in focus on the back of its Q3 earnings. Co-founder & MD, Vishnu R Dusad says Q3 margin got compressed due to order delays. Tells Reema Tendulkar & Surabhi Upadhyay, 50% of overseas contracts have moved to higher pricing.
The Union Budget for 2024-25, scheduled to be presented on February 1st, is a highly anticipated event for every sector of the Indian economy. From infrastructure, Information technology, telecom, agriculture, healthcare, and human resources to education, stakeholders are eagerly waiting to see how the government’s financial roadmap will impact their industries.
Conversation with the top management of Nucleus Software… Special discussion on the outlook of the IT sector. How will be the growth of IT sector in 2024? Discussion on business, new year’s outlook… What are the plans for expansion in 2024? What are your plans for growth in the new year?
In the dynamic landscape of the Indian financial services sector, recent regulatory guidelines from the Reserve Bank of India (RBI) are catalysing a transformative wave within the financial services ecosystem.
Nucleus Software has announced winning the “Most Innovative Use of Process Automation: Most Innovative Project” Award by IBSi Global Fintech Innovation Awards 2023 for the implementation of FinnOne Neo, their digital lending platform that is composable and cloud-agnostic, utilising implementation processes.
Nucleus Software announced winning the “Most Innovative Use of Process Automation: Most Innovative Project” Award by IBSi Global Fintech Innovation Awards 2023, for implementation of FinnOne Neo® their cutting-edge digital lending platform that is composable and cloud agnostic, utilizing state-of-the-art implementation processes.
Nucleus Software, a provider of lending and transaction banking solutions, has announced the adoption of Acceptance Test-Driven Development (ATDD) moving in the direction of continuous integration and eventually continuous delivery (CICD).
Nucleus Software has unveiled a revolutionary approach in software development. The company is integrating Acceptance Test-Driven Development (ATDD) into its operations, advancing towards continuous integration and continuous delivery (CICD).
Nucleus Software Exports Ltd’s revenue jumped 20.98% since last year same period to ₹216.13Cr in the Q3 2023-2024. On a quarterly growth basis, Nucleus Software Exports Ltd has generated -0.45% fall in its revenue since last 3-months.
Shares of Nucleus Software Exports Ltd gained as much as 4 percent on Tuesday after the software product company announced that Mahindra and Mahindra Financial Services Ltd’s subsidiary has partnered with it for robust digital lending operations.
Nucleus Software Exports Limited has reported Consolidated financial results for the period ended June 30, 2023.
Siliconindia recently got a chance to interact with Parag Bhise, CEO, Nucleus Software, wherein he shared his insights on the current financial services landscape in India, IP rights’ impact on the sector and various other aspects. Below are the excerpts from the exclusive interview
Mahindra & Mahindra Financial Services Limited, (MMFSL), part of the Mahindra Group, and one of India’s leading Non-Banking Finance Company today announced a strategic integrated partnership with Nucleus Software. This tech partnership with FinnOne NeoTM, the flagship product of Nucleus Software will help in strengthening the backbone for scale up. With its plug and play […]
Mahindra & Mahindra Financial Services (MMFSL) will deploy FinnOne NeoTM, the flagship product of Nucleus Software, to scale up the business by digitising its services and linking the company systems to partner through fintech.
Nucleus Software Exports, a prominent software solutions provider, recorded a 20 percent surge in its stock price on May 29 and hit the upper circuit at Rs 971, which also marks a new 52-week high for the company.
Shares of Nucleus Software Exports Ltd. jumped nearly 20%, the highest single-day jump in over three months, after its fourth-quarter profit beat analysts’ estimates.
Shares of Nucleus Software Exports Ltd. ended in a 20 percent upper circuit and at a 52-week high of Rs 809.30 after the company’s March quarter net profit rose by nearly 80 percent.
Mirae Asset Financial Services (India) wins the “Most Effective Paperless Digitization Implementation” award at the IBS Intelligence Global FinTech Innovation Awards 2022 for a unique Customer On-boarding Mobile Application “Mirae Asset Financial Services” powered by Nucleus Software to digitally transform their secured loans journey.
Brac Bank and Nucleus Software Exports Ltd have jointly won a “Best Implementation in Transaction Banking” award at IBS Intelligence Global FinTech Innovation Awards 2022 for FinnAxia, a transaction banking and supply chain finance solution for small and medium enterprises.
Brac Bank and Nucleus Software Exports Ltd have jointly won a “Best Implementation in Transaction Banking” award at IBS Intelligence Global FinTech Innovation Awards 2022 for FinnAxia, a transaction banking and supply chain finance solution for small and medium enterprises.
Bangladesh’s supply chain finance market is growing rapidly, driven by the demand for financial solutions that support small and medium-sized enterprises (SMEs) in managing their working capital and supply chain financing needs. The market is worth around BDT 90,000 Crore, or approximately USD 87,378 Mn.
The award recognized the rapid implementation of Nucleus Software’s Supply Chain Financing solution from their Transaction Banking Suite FinnAxia® at BRAC Bank designed to support the bank’s strategy of venturing into the supply chain financing market to provide seamless solutions for all its end customer offerings, a press release reads.
BRAC Bank and Nucleus Software win IBS Intelligence Global FinTech Innovation Awards for deployment of supply chain finance solution for SMEs
The award recognized the rapid implementation of Nucleus Software’s Supply Chain Financing solution from their Transaction Banking Suite FinnAxia® at BRAC Bank designed to support the bank’s strategy of venturing into the supply chain financing market to provide seamless solutions for all its end customer offerings, a press release reads.
Shares of Nucleus Software ended higher for the fourth straight day on Tuesday, and have gained in seven out of the last eight trading sessions. The stock has been on an upward trend since it reported its December quarter results last week.
Shares of Nucleus Software Exports Ltd. surged 20% on Thursday after it third-quarter profit jumped fivefold. The company’s net profit surged to Rs 38.34 crore during the December quarter from Rs 8.04 crore during the same period a year earlier, according to a stock exchange filing dated Feb. 14. It also posted a 39% increase […]
Shares of Nucleus Software Exports closed nearly 20 percent higher at Rs 480.2 per piece on the BSE in Tuesday’s trade following strong quarterly earnings for the December quarter.
Digital transformation has changed business models and opened new revenue streams by altering ways of delivering products, customer acquisition, creating value, and making profits. Businesses can further use data insights extracted from analytics to make informed decisions and stay competitive.
Through the digital lending platform, FinnOne neo™ from Nucleus Software, Bank of Sydney will be able to provide an improved customer experience with a faster approval process and communications. By employing the platform’s real-time dashboard for tracking and reporting, the bank aims to enhance both the internal and external transparency and accountability of its processes.
Nucleus Software Exports Limited informed that its digital lending platform FinnOne Neo is used by the Bank of Sydney for a better customer experience with a faster approval process and communications.
Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Software industry in India.
Sales rise 13.99% to Rs 130.09 croreNet profit of Nucleus Software Exports rose 28.55% to Rs 11.03 crore in the quarter ended September 2022 as against Rs 8.58 crore during the previous quarter ended September 2021. Sales rose 13.99% to Rs 130.09 crore in the quarter ended September 2022 as against Rs 114.12 crore during […]
Sales rise 23.24% to Rs 153.04 croreNet profit of Nucleus Software Exports declined 33.13% to Rs 18.29 crore in the quarter ended March 2022 as against Rs 27.35 crore during the previous quarter ended March 2021. Sales rose 23.24% to Rs 153.04 crore in the quarter ended March 2022 as against Rs 124.18 crore during […]
BRAC Bank and Nucleus Software win IBS Intelligence Global FinTech Innovation Awards for deployment of supply chain finance solution for SMEs
At software product company Nucleus, the value system is rooted in its workplace and has been one of the most compelling propositions for the longevity of the tenure of most employees. Thihas also become one of the key reasons for former Nucleite to re-join.
Bangladesh’s supply chain finance market is growing rapidly, driven by the demand for financial solutions that support small and medium-sized enterprises (SMEs) in managing their working capital and supply chain financing needs. The market is worth around BDT 90,000 Crore, or approximately USD 87,378 Mn.
Deepika Gulabani
Corporate Communications
Email: deepika.gulabani@nucleussoftware.com
Phone: +91-9310334963