Nucleus Software Exports Q1 FY25 results (Apr–Jun 2024) and concall

Nucleus Software reported a challenging Q1 FY25 with significant declines in both top-line and bottom-line figures, primarily due to increased cost of delivery and slower-than-expected revenue acceleration. While the order book and cash position remained healthy, management acknowledged delays in customer repricing and migration, and noted no new customer revenue in the quarter. The company expressed confidence in a bounce-back in coming quarters, driven by strategic initiatives and continued focus on international markets.