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Nucleus Software Exports Q2 FY27: revenue up 6.6% to ₹228 Cr, net profit down 19.2% to ₹21 Cr

Results · Finvezto · 2 Nov 2026 · Nucleus Software Exports (NUCLEUS)

Results Q2 FY27, ₹ Cr

Q2 FY27 results with change on the quarter and on the year
Q2 FY27₹ CrQoQYoY
Revenue228-+6.6%
Operating profit16--32.4%
Net profit21--19.2%
Operating margin6.9%--4.0 pp
Net margin9.3%--3.0 pp

YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.

Key points

  • Consolidated revenue for the quarter reached Rs. 227.7 crore, reflecting a growth of 8.2% quarter-on-quarter and 6.7% year-on-year, with product revenue contributing 84.4%. Earnings call
  • Operating EBITDA for the second quarter stood at Rs. 15.4 crore with an EBITDA margin of 6.8%, compared to 3.6% in the previous quarter and 10.8% in the prior year. Earnings call
  • Net profit for the quarter was Rs. 21.3 crore, down 11% quarter-on-quarter and 19.2% year-on-year, partly impacted by lower mark-to-market mutual fund gains amid rising interest rates. Earnings call

What to watch

  • Management on ai workforce investments: This quarter, we continued to invest in upscaling our workforce with the objective of moving AI from a specialized capability used by a few to a core capability embedded across functions, which we expect will give us benefits in the quarters to come.
  • Management on order book revenue reflection: As and when the order book gets implemented, obviously, that reflection will come in respective quarters.

Links

Company page · Results tracker

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.