Nucleus Software Exports Limited, announced its third quarter results for financial year 2009-2010. Nucleus Software’s consolidated revenue for the quarter ending December 31, 2009, is at Rs.
68.47 crore in comparison to Rs. 84.24 crore in the corresponding quarter of the previous year. With total expenses at Rs. 56.23 crore in comparison to Rs. 69.03 crore in the corresponding quarter of the previous year, the consolidated EBITDA is at Rs. 12.24 crore in comparison to Rs. 15.21 crore in the corresponding quarter of the previous year. Net Profit after tax (PAT) is at Rs.9.20 crore in comparison to Rs. 10.55 crore for the corresponding quarter of the previous year.
For the nine month period ending December 31, 2009, consolidated revenue is at Rs. 219.76 crore in comparison to Rs. 242.59 crore in the corresponding nine month period of the previous year. With total expenses at Rs. 179.54 crore in comparison to Rs. 204.79 crore in the corresponding nine month period of the previous year, the consolidated EBITDA is at Rs. 40.22 crore in comparison to Rs. 37.80 crore in the corresponding nine month period of the previous year. Net Profit after tax (PAT) is at Rs. 29.21 crore in comparison to Rs. 22.65 crore in the corresponding nine month period of the previous year.
Highlights: Quarter Ended December 31, 2009− Consolidated revenue at Rs. 68.47 crore from software products and software development services in comparison to Rs. 84.24 crore in the corresponding quarter of the previous year.− Product business revenue at Rs. 39.69 crore in comparison to Rs. 55.70 crore in the corresponding quarter of the previous year.− EBIDTA at Rs. 12.24 crore in comparison to Rs. 15.21 crore for the corresponding quarter of the previous year.
Net Profit after tax (PAT) at Rs. 9.20 crore in comparison to Rs. 10.55 crore for the corresponding quarter of the previous year.
− Earning per Share for the quarter at Rs. 2.84 in comparison to Rs. 3.26 in the corresponding quarter of the previous year.Nine Month Ended December 31, 2009− Consolidated revenue from software products and software development services at Rs. 219.76 crore in comparison to Rs. 242.59 crore in the corresponding nine month period of the previous year.− Product business revenue at Rs. 126.07 crore in comparison to Rs. 165.06 crore in the corresponding nine month period of the previous year.− EBIDTA at Rs. 40.22 crore in comparison to Rs 37.80 crore in the corresponding nine month period of the previous year.− Net Profit after tax (PAT) at Rs. 29.21 crore in comparison to Rs. 22.65 crore in the corresponding nine month period of the previous year.
− Earning Per Share for the nine month period at Rs. 9.02 in comparison to Rs. 7.00 in the corresponding nine month period of the previous year.
Other Key InformationFor the Quarter Ended December 31, 2009− 8 new order wins in the third quarter of the fiscal year− 5 new customers added− Won orders for 29 new product modules− 20 product modules successfully implemented across the globe− Nucleus Software has been ranked among the Top 25 companies adopting Good Corporate Governance Practices by ICSI for fourth consecutive year in 2009.− Forrester Research, a leading independent analyst firm, has recognized Nucleus Software as an industry vertical specialist in their recent report Working With Tier Two Offshore Providers.− South Asian Federation of Accountants (SAFA) has adjudged Nucleus Annual Report as the recipient of the second runners up position for the Best Presented Accounts Award for the year 2008 under the Communication and Information Technology Sector Category.
For Nine Month Ended December 31, 2009− 22 new order wins in the nine month period of the fiscal year− 14 new customers added− Won orders for 78 new product modules− 63 product modules successfully implemented across the globe− Global strength of employees as on December 31, 2009 is 1668
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