Nucleus Q1 net dips 40%

Nucleus Software on Monday said it reported 40 per cent drop in net profit to Rs 9.60 crore in the fourth quarter ended March 31, 2009, compared with Rs 16 crore in the same period last year.

The company’s revenue, however, increased 10.01 per cent to Rs 85.81 crore in the quarter, from Rs 78 crore in the same period a year ago.