New Delhi, 21 October, 2013: Nucleus Software Exports Limited (NSE: NUCLEUS, BSE: 531209), a leading global software product and solutions provider to the banking and financial services industry, today announced its financial results for the quarter ending 30th September, 2013. The revenue for the second quarter of FY 2014 grew to Rs. 82.25 crore, a growth of 14.64 % from the corresponding Q2 of the previous year. Revenue for the first half year of FY 2014 grew to Rs. 168.57 crore, a growth of 15.71% on a year on year basis.
Commenting on the company’s performance, Mr. Vishnu R. Dusad, CEO and Managing Director, Nucleus Software, said, “The first half of the year has seen us register a healthy growth. Access to new markets and our focus on realizing the full potential of mobility has enhanced our performance. As we move ahead, product innovations, seamless implementation across geographies and nurturing long term customer relationships will continue to be the driving force for strengthening our global leadership position.”
Nucleus Software is leveraging innovative technologies with an expanding product portfolio as the global banking industry gears up for the next generation of requirements. The company recently launched the mobility suite of its award-winning global #1 lending solution, FinnOne™.
Unlocking the potential of mobile technology, the mobility suite –mCAS, mServe & mCollect caters to the growing demand for a flexible, future-ready mobile platform that seamlessly integrates with desktop applications running mission critical banking operations.
The company is looking at profitable growth by penetrating deeper into fast growing markets like Africa, Middle East and Australia. As a part of the transformational initiatives, Nucleus Software continues to invest in strengthening the sales and marketing backbone
Financial Highlights
Consolidated results for the quarter ended 30th September, 2013
Consolidated results for the half-year ended 30th September, 2013
LIQUIDITY
Cash and cash equivalents, including investments in debt schemes of mutual funds, fixed deposits with banks and tax free PSU bonds are at Rs. 290.01 crore as on 30th September, 2013, as against Rs. 234.76 crore on 30th September, 2012.
BUSINESS HIGHLIGHTS
For the quarter ended 30th September, 2013:
For the Half Year Ended 30th September, 2013:
The global strength of employees at Nucleus Software as on 30th September, 2013 stands at 1650 against 1622 as on 30th September, 2012.
EVENTS HIGHLIGHTS
To find out more about the company’s participation at global events, please visit the following page: https://www.nucleussoftware.com/events.html
INVESTOR CONFERENCE CALL INFORMATION
Date |
October 21, 2013 |
Time |
4:00 PM IST |
Conference ID |
88095760# |
All India Toll Free Number |
18002001298 |
Dial In Access Numbers |
Delhi/ NCR: 011- 39406000/ 44121100 |
The audio and transcript of this conference call will made available at the Investor section of the website www.nucleussoftware.com
Sunil Kumar Singh / Kiran Hans Khowal
Finese PR
Email: nucleus@finesepr.com