Nucleus Software has announced significant changes to its superannuation policy and leadership structure, as approved by the company's Board of Directors.

Extended Retirement Age

The Board has approved amendments to the company's superannuation policy, focusing on senior management positions:

These extensions will be considered on a case-by-case basis, subject to approval by the Nomination and Remuneration/Compensation Committee (NRC) and the Board of Directors upon completion of the standard retirement age.

CEO Reappointment

In a related development, the Board has approved the re-appointment of Mr. Parag Bhise (DIN: 08719754) as Whole-Time Director and CEO for an additional two-year term. The details of his reappointment are as follows:

About Parag Bhise

Mr. Bhise has been instrumental in shaping Nucleus Software's product narrative. His contributions include:

• Creation and evolution of key offerings such as LeaseWare and FinnOne®
• Leadership in product engineering for FinnAxia® and FinnOne Neo®
• Forging strategic partnerships across diverse industries and geographies
• Driving significant revenue and profitability through innovative technology solutions

Mr. Bhise's academic credentials include:

• Professional Certificate in Innovation & Technology from MIT
• Master's in Computer Applications from BIT Mesra
• MBA from the Management Development Institute, Gurgaon

He joined the Nucleus Board in March 2020 and is not related to any other Directors of the Company.

These strategic decisions aim to ensure continuity in critical leadership positions and support the company's succession plan. The move reflects Nucleus Software's commitment to retaining experienced leadership while planning for the future.

Nucleus Software , a leading provider of lending and transaction banking solutions, has announced its financial results for the quarter ended September 30, 2025. The company reported a mixed performance with revenue growth but a decline in profitability.

Financial Highlights

• Consolidated revenue increased to Rs. 213.51 crores, up from Rs. 202.20 crores in the same quarter last year.
• Consolidated profit after tax (PAT) decreased to Rs. 26.29 crores from Rs. 33.06 crores year-over-year.
• EBITDA dropped to Rs. 23.09 crores from Rs. 31.52 crores.
• Earnings per share (EPS) declined to Rs. 9.99 from Rs. 12.35.

Standalone Performance

On a standalone basis:

• Revenue rose to Rs. 196.37 crores from Rs. 185.26 crores.
• PAT fell to Rs. 27.85 crores from Rs. 36.52 crores.

Strategic Initiatives

Nucleus Software continued its strategic investments in:

• AI-driven product enhancement
• Expansion of Digital Services portfolio

The management highlighted:

• Disciplined execution
• Foundational progress
• Focus on enhancing product intelligence
• Customer-centric transformation

Future Outlook

The company remains optimistic about:

• Opportunities in AI-powered capabilities
• Collaborations with banks and NBFCs across Asia, Middle East, and Africa

Board Meeting Details

• The board meeting was held on November 8, 2025.
• The board approved audited standalone financial results and un-audited consolidated financial results.
• The meeting commenced at 10:00 A.M. and concluded at 02:30 P.M.
• ASA Associates LLP, the company's auditors, provided an unmodified audit opinion on the standalone results and review conclusion on the consolidated results.

Consolidated Entities

Nucleus Software's consolidated results include eight entities across various countries:

1. India
2. Singapore
3. USA
4. Japan
5. Netherlands
6. UK
7. Australia
8. South Africa

Investors and analysts will likely be keen to review these results in detail to understand the company's current performance and any trends or changes compared to previous periods. As the financial technology landscape continues to evolve, Nucleus Software's performance will be closely watched to determine the company's position in the market and its ability to adapt to changing industry conditions.

For more detailed information about the financial results, stakeholders are advised to refer to the official financial statements and disclosures made by Nucleus Software.