New Delhi: Nucleus Software reported stable financial performance for the second quarter of FY 2025–26, underscoring its continued commitment to product innovation, operational discipline, and strategic investments in AI and digital transformation.
For the quarter ended September 30, 2025, the company recorded consolidated revenue of ₹213.51 crore, marking a year-on-year increase from ₹202.20 crore in Q2 FY 2024–25. However, profitability metrics showed a decline, with EBITDA at ₹23.09 crore compared to ₹31.52 crore in the same period last year. Consolidated profit after tax (PAT) stood at ₹26.29 crore, down from ₹33.06 crore, while basic earnings per share (EPS) dropped to ₹9.99 from ₹12.35.
On a standalone basis, revenue rose to ₹196.37 crore from ₹185.26 crore in Q2 FY 2024–25. Standalone PAT came in at ₹27.85 crore, lower than last year’s ₹36.52 crore. The standalone EPS for the quarter was ₹10.58, down from ₹13.64.
Despite the dip in margins, the company maintained a steady trajectory, driven by sustained demand for its lending and transaction banking solutions. Operational efficiency measures and disciplined cost controls helped preserve margins amid evolving market conditions.
Q2 also saw notable progress in AI-led product enhancements and the expansion of Nucleus Software’s digital services portfolio. These initiatives aimed to help banking clients modernize their platforms, enhance resilience, and navigate regulatory changes more effectively.
The company continued to institutionalize Hoshin Kanri across its business units, strengthening alignment between strategic goals and execution. This approach has been instrumental in driving long-term value creation and delivery agility.
Commenting on the quarter’s performance, Vishnu R. Dusad, Co-founder and Managing Director, stated, “Our long-term vision continues to be guided by purposeful innovation and integrity. As financial ecosystems evolve rapidly, we remain committed to supporting our customers through reliable technology and trusted partnerships.”
Parag Bhise, Chief Executive Officer and Executive Director, added, “Q2 was a quarter of disciplined execution and foundational progress. Our focus remains on enhancing product intelligence, improving delivery agility, and driving customer-centric transformation globally.”
Looking ahead, Nucleus Software expressed optimism about growth opportunities, particularly in expanding AI-powered capabilities and strengthening collaborations with banks and NBFCs across Asia, the Middle East, and Africa.
