Nucleus Software Q2 FY27 consolidated revenue Rs 227.70 cr, PAT Rs 21.25 cr

What the numbers show

• Net margin was 9.33% of revenue, down 298 bps from 12.31%.
• Total expenses rose 12.0% while revenue rose 6.6%.
• Employee benefits accounted for Rs 16.71 cr of the Rs 23.26 cr rise in total expenses (71%).
• Employee benefits took 72.1% of revenue, against 69.1% a year earlier.

Key numbers (consolidated, Q2 FY27 vs Q2 FY26)

All figures are from the statement of consolidated interim financial results for the quarter ended 30 September 2026 and the corresponding quarter ended 30 September 2025.

• Revenue from operations (Income from software products and services)

  • Current: Rs 227.70 cr
  • Prior: Rs 213.51 cr

• Other income

  • Current: Rs 16.02 cr
  • Prior: Rs 16.16 cr

• Total income (1+2)

  • Current: Rs 243.72 cr
  • Prior: Rs 229.67 cr

• Total expenses

  • Current: Rs 217.52 cr
  • Prior: Rs 194.26 cr

• Employee benefits expense

  • Current: Rs 164.24 cr
  • Prior: Rs 147.53 cr

• Operating and other expenses

  • Current: Rs 47.64 cr
  • Prior: Rs 42.57 cr

• Finance cost

  • Current: Rs 0.41 cr
  • Prior: Rs 0.33 cr

• Depreciation, amortisation and impairment expenses

  • Current: Rs 5.23 cr
  • Prior: Rs 3.83 cr

• Profit before exceptional items and tax

  • Current: Rs 26.20 cr
  • Prior: Rs 35.41 cr

• Exceptional items

  • Current: Rs - lakh
  • Prior: Rs - lakh

• Profit before tax

  • Current: Rs 26.20 cr
  • Prior: Rs 35.41 cr

• Net tax expense

  • Current: Rs 4.95 cr
  • Prior: Rs 9.12 cr

• Profit for the period (PAT)

  • Current: Rs 21.25 cr
  • Prior: Rs 26.29 cr

• Earnings per share (Basic)

  • Current: Rs 8.08
  • Prior: Rs 9.99

• Earnings per share (Diluted)

  • Current: Rs 8.08
  • Prior: Rs 9.99

According to the statement of consolidated interim financial results, revenue from operations (income from software products and services) for the quarter ended 30 September 2026 was Rs 227.70 cr, compared with Rs 213.51 cr in the corresponding quarter ended 30 September 2025. Total income, including other income, was Rs 243.72 cr versus Rs 229.67 cr a year earlier.

Total expenses rose to Rs 217.52 cr from Rs 194.26 cr. Within this, employee benefits expense increased to Rs 164.24 cr from Rs 147.53 cr, and operating and other expenses were Rs 47.64 cr versus Rs 42.57 cr in the year-ago quarter. Finance cost was Rs 0.41 cr compared with Rs 0.33 cr, while depreciation, amortisation and impairment expenses were Rs 5.23 cr against Rs 3.83 cr.

Profit before exceptional items and tax for the quarter was Rs 26.20 cr, compared with Rs 35.41 cr in the corresponding previous quarter. The exceptional items line was Rs - lakh in both the current and prior quarters in the consolidated statement of financial results, so profit before tax was also Rs 26.20 cr versus Rs 35.41 cr.

Net tax expense stood at Rs 4.95 cr, down from Rs 9.12 cr a year earlier. Profit for the period (profit after tax) was Rs 21.25 cr, compared with Rs 26.29 cr in the corresponding quarter of the previous year.

Basic and diluted earnings per share (par value Rs 10 each) for the quarter ended 30 September 2026 were both Rs 8.08 (Not annualised), versus Rs 9.99 (Not annualised) for the quarter ended 30 September 2025, as presented in the statement of consolidated interim financial results.