November 7, 2022
➢ Revenue in Q2 2022-23 at 130.09 Crore on a consolidated basis.
➢ PAT in Q2 2022-23 at Rs. 11.03 Crore on a consolidated basis.
➢ EPS at Rs. 42 on a standalone basis and Rs. 4.12 on a consolidated basis.
Nucleus Software, the BSE & NSE listed, leading provider of digtal lending and transaction banking solutions to the global financial services industry, sees lower attrition and steady growth in its financials while announcing its financial results for the Quarter ended September 30, 2022.
The revenues on a consolidated basis, the revenues are at Rs. 130.09 Crore for the quarter ended September 30, 2022, as against Rs. 114.12 Crore in Q2 of 2021-22.
PAT in Q2 of 2022-23 stood at Rs.11.84 Crore on a standalone basis as against Rs. 8.51 Crore in Q2 of 2021-22. The PAT on consolidated basis was at Rs. 11.03 Crore, as against Rs. 8.58 Crore in Q2 of 2021-22.
The basic EPS on standalone basis during this period was Rs. 4.42 as against Rs. 2.93 in 2021-22. The EPS on consolidated basis stood at Rs. 4.12 in Q2 of 2022-23 as against Rs. 2.95 in Q2 of 2021-22.
“As the world undergoes economic uncertainty, we are placed with unique opportunities as a Fintech player that helps institutions increase their operational efficiency. Our attrition rate this quarter is the lowest it has been in multiple quarters owing to the steadiness in our business model. This dip in attrition is also in line with how the market is responding to the global situation.”, says Mr. Vishnu R Dusad, MD, Nucleus Software.
“We are geared up to support the growing requirement for increase in digitization and automation with our world class IP products in the heavily regulated BFSI space.”, says Mr. Parag Bhise, CEO, Nucleus Software.
Nucleus Software Exports Ltd. Is a publicly traded (BSE: 531209, NSE: NUCLEUS), software product company that provides lending and transaction banking products to global financial leaders.
Nucleus Software delivers disruptive Fintech Solutions to 200+ Banks and Financial Institutions across 50 countries supporting Retail Lending, Corporate & SME Finance, Islamic Finance, Automotive Finance, Captive Automotive Finance, Cash Management, Mobile & Internet Banking, Transaction Banking and more. We facilitate over 26 million transactions each day through our globally integrated transaction banking platform. Our lending platform manages US $500 billion of loans in India alone, and over US $700 billion of loans globally other than India, while enabling 500,000+ users to log in daily.
Our Flagship Products FinnOne Neo® and FinnAxia® are backed by more than 3 decades of BFSI domain expertise and an inbuilt AI powered platform to realize the digital transformation goals of FIs worldwide.
These offerings collectively underline Nucleus Software’s commitment to driving innovation and empowering financial institutions to thrive in an increasingly digital world.
For Media related information, please contact:
Deepika Gulabani
Corporate Communications
Email: deepika.gulabani@nucleussoftware.com
Phone: +91-9310334963