Nucleus Software Q3 Results: Shares Surge 20% After Profit Jumps Fivefold - Nucleus Software

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Nucleus Software Q3 Results: Shares Surge 20% After Profit Jumps Fivefold

February 16, 2023

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 in revenue along with a multi-fold jump in margins led by strong order