Nucleus Software Exports reported a strong set of Q4FY26 numbers with sequential improvement in profitability and operating margins. The company posted steady revenue growth on a quarter-on-quarter (QoQ) basis, while lower operating expenses supported earnings growth during the March quarter.
Revenue from operations came in at ₹224.77 crore in Q4FY26 compared to ₹220.03 crore in Q3FY26, registering a growth of 2.2% QoQ. Total income also increased to ₹239.69 crore from ₹235.15 crore in the previous quarter.
EBIT rose 4.5% QoQ to ₹30.2 crore compared to ₹28.9 crore in Q3FY26. EBIT margin improved to 13.4% from 13.1% in the December quarter.
The company reported EBITDA of ₹49.54 crore against ₹45.30 crore in Q3FY26, reflecting a growth of 9.4% sequentially. EBITDA margin expanded to 22.0% from 20.6% in the previous quarter, supported by controlled operating costs.
Net profit for the quarter stood at ₹34.55 crore compared to ₹20.70 crore in Q3FY26, marking a sharp rise of nearly 67% QoQ. Profit before tax before exceptional items rose to ₹44.61 crore from ₹43.51 crore sequentially.
During the quarter, employee benefit expenses increased to ₹151.47 crore from ₹144.86 crore, while operating and other expenses declined to ₹38.34 crore compared to ₹41.95 crore in the previous quarter. Finance costs eased to ₹0.34 crore from ₹0.50 crore QoQ.
The company also reported exceptional items worth ₹3.10 crore related to the impact of new labour codes, resulting in profit before tax after exceptional items of ₹41.51 crore versus ₹24.66 crore in Q3FY26.
For the full financial year FY26, Nucleus Software reported revenue from operations of ₹876.03 crore compared to ₹832.25 crore in FY25. Net profit for the year came in at ₹116.74 crore against ₹163 crore last year.