Nucleus Software Exports announced a sharp rise in consolidated net profit for the quarter ended March 2017. During the quarter, the profit of the company rose 57.66% to Rs 222.62 million from Rs 141.20 million in the same quarter previous year.
Revenues for the quarter rose marginally 1.03% to Rs 936.90 million, compared with Rs 927 million for the prior year period.
Operating margin for the quarter stood at 15.72 percent as compared to 20.02 percent for the previous year period. Operating Income for the quarter was Rs 147.28 million, compared with Rs 185.63 million in the previous year period.
Earnings per share for the quarter stood at Rs 6.87, registering 57.57% growth over previous year period.
| Quarterly Results - Consolidated (Rs in mn) |
| As at | Mar - 17 | Mar - 16 | %Change |
| Revenues | 936.90 | 927.34 | 1.03 |
| Net Profit | 222.62 | 141.20 | 57.66 |
| Diluted EPS | 6.87 | 4.36 | 57.57 |
Shares of the company gained Rs 30.6, or 10.77%, to trade at Rs 314.60. The total volume of shares traded was 272,572 at the BSE (11.33 a.m., Wednesday).
