BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Dolat Capital Report
Nucleus Software Exports Ltd.'s revenues stood at Rs 1.37 billion up 7% QoQ ahead of our estimates of 4.5% QoQ growth.
Performance was led by sustained demand traction across markets (primarily in India) and is evident from sequential growth in product segment order book by 9.5% QoQ at Rs 4.4 billion, (up 6% on YoY basis).
Ebit margin declined 430 basis points QoQ at 22% (our estimate 25.2%) as company made provision towards potential special bonus payout to employees in H2 amounting Rs 150 million, which may get pay-out in Q3 or Q4 and may also add up to this kitty based on market situation.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
