IT service provider Nucleus Software Exports today said its consolidated net profit declined by 4.37 per cent to Rs 9.18 crore for the quarter ended March 31.
Income from software products and services declined to Rs 72.25 crore for the quarter ended March 31, from Rs 85.81 crore in the same period previous fiscal, Nucleus Software said in a filing to the Bombay Stock Exchange.
The board of directors of the company has proposed a final dividend of Rs 2.50 per share on the face value of Rs 10 per share to the shareholders of the company.
For the year ended March 31, the company has reported a net profit of Rs 38.40 crore, up 19.06 per cent in the same period previous fiscal.
On the standalone basis, the company has posted a net profit of Rs 4.97 crore for the quarter ended March 31, down 41.39 per cent in the same period last year.
Shares of Nucleus Software Exports were trading at Rs 157 on BSE, down 2.45 per cent from previous close.