Nucleus Software Exports Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report for the Financial Year ended 31st March, 2025'
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Nucleus Software Exports has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 with the stock exchanges, as required under SEBI's listing regulations. The company reported a turnover of ₹768.66 crore and net worth of ₹783.30 crore, with 100% revenue from IT and IT-enabled services serving 200+ banks across 50+ countries. It has 1,851 permanent employees (24% women), employee turnover improved to 9% from 11% the prior year, and the firm holds ISO/IEC 27001:2022 certification. Three tax-related penalties and demands (income tax and GST) totaling roughly ₹85 lakh have been disclosed and are under appeal. Sustainability initiatives include a 100KLD STP plant, DG emission control devices, and 3,225 KL of recycled wastewater during the year.
This is a routine annual ESG disclosure and is unlikely to cause any immediate stock movement. Investors should note the disclosed tax disputes and ongoing appeals as part of their risk assessment, though the amounts involved are immaterial relative to the company's net worth.