Nucleus Software Announces Financial Results for Q2 2022-23

An advanced technology platform, designed to deliver agile and efficient solutions while drastically reducing the cost of operations

Corporate Lending

Enhanced Agility via Digitizing SME and Corporate Lending

Learn more
Retail Lending

End-to-end digital lending across the entire lifecycle of origination, servicing & collections

Learn more
Islamic Finance

Interest Free Banking Governed by Shariah Principles

Learn more
Automotive Lending

Advanced Automotive Lending Software for complete loan life cycle management

Learn more

Digital transaction banking suite that is modular for a composable banking experience

Integrated Transaction Banking Suite – FinnAxia®

FinnAxia®, End-to-end global Transaction Banking Suite; optimally manages Receivables, Payments, Liquidity, Financial Supply Chains and Corporate Trade

Learn more

Ensure responsible lending with our API-backed products for easy & seamless connectivity to the financial ecosystem

FinnOne Neo® mFin

Easy, fast and digitized access to microcredit, anytime, anywhere.

Learn more
Payse®

An offline and online digital cash solution designed to democratize finance.

Learn more

Newsroom

Nucleus Software, the Leading Provider of Lending and Transaction Banking Solutions to the Global Financial Services Industry, Sees Lower Attrition and Steady Growth in Its Financials While Announcing Its Q2 Results (2022-23)

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.


About 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, 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 3 decades of BFSI domain expertise and an inbuilt AI powered platform to realize the digital transformation goals of FIs worldwide.

  1. FinnOne Neo®: The next-generation digital lending platform, designed to revolutionize the lending process. FinnOne Neo® is built on an advanced technology platform, empowering financial institutions to streamline their lending operations, enhance customer experiences, and drive business growth.
  2. FinnAxia®: An integrated global transaction banking suite, trusted by banks worldwide to optimize their transaction banking processes. With FinnAxia®, financial institutions can efficiently manage their cash management, trade finance, liquidity management, and other transaction banking activities on a single platform, thereby improving operational efficiency, visibility, and enhancing client relationships.
  3. PaySe®: The world’s first online and offline digital payment solution, created with the vision to democratize money. This innovative payment solution offers users a seamless and convenient way to conduct digital transactions, both online and offline, facilitating financial inclusion and empowering individuals and businesses.
  4. Nucleus Software Services: Our comprehensive suite of services is tailored to assist banks and financial institutions in their digital transformation journey and maintain an optimal technology infrastructure. Through Nucleus Software Services, we offer a holistic approach to digital transformation, enabling organizations to deliver seamless customer experiences, achieve operational and cost efficiencies, and gain actionable insights to drive strategic decision-making.

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