Vishnu r dusad biography template
•
Nucleus Software eyeing acquisitions in Europe: CEO
Vishnu R Dusad, CEO & Managing Director, Nucleus Software speaks on the company's financial health and its strategy in the prevailing environment.
ET Now: Both revenue and profit at your company dipped actually vs the previous quarter, where did the pressure come in from?
Vishnu R Dusad: It has essentially come from the services part of our business. We have been dependent on just couple of customers for our services business. And both these customers for different reasons have reduced the business one because of vendor consolidation, the other one because of the situation in that particular economy and that is what has affected out top line and bottom line.
ET Now: Your margins are acutely under pressure, your 4th quarter margins stood at just 6% versus almost 15% on a sequential basis, can we expect this kind of pressure to continue in future quarters as well?
Vishnu R Dusad: No, certainly not. We are very confident that thi
ET Now: Both revenue and profit at your company dipped actually vs the previous quarter, where did the pressure come in from?
Vishnu R Dusad: It has essentially come from the services part of our business. We have been dependent on just couple of customers for our services business. And both these customers for different reasons have reduced the business one because of vendor consolidation, the other one because of the situation in that particular economy and that is what has affected out top line and bottom line.
ET Now: Your margins are acutely under pressure, your 4th quarter margins stood at just 6% versus almost 15% on a sequential basis, can we expect this kind of pressure to continue in future quarters as well?
Vishnu R Dusad: No, certainly not. We are very confident that thi
•
Nucleus Software MD shares details of new order from Bank Muscat
Noida-based Nucleus Software Exports that specialises in software solutions for the banking and financial services sector has secured an order from Bank Muscat in the mittpunkt East and North Africa (MENA) region for its FinnOne Neo collections product.
Nucleus' Co-Founder and Managing Director Vishnu R. Dusad shared the details of the beställning and the benefits for Nucleus.
He highlighted the company's long-standing collaboration with Bank Muscat's collections department, spanning over 15 years, adding that the bank now leverages the advanced capabilities of their Finn One Neo product.
This fryst vatten the verbatim transcript of the interview.
Q: About this order that you won from Bank Muscat, you have had a long-standing relationship with Bank Muscat, you have been doing work for them since 2010. So how different is this current beställning from what you have been doing, and if you could give us an indication of the
Nucleus' Co-Founder and Managing Director Vishnu R. Dusad shared the details of the beställning and the benefits for Nucleus.
He highlighted the company's long-standing collaboration with Bank Muscat's collections department, spanning over 15 years, adding that the bank now leverages the advanced capabilities of their Finn One Neo product.
This fryst vatten the verbatim transcript of the interview.
Q: About this order that you won from Bank Muscat, you have had a long-standing relationship with Bank Muscat, you have been doing work for them since 2010. So how different is this current beställning from what you have been doing, and if you could give us an indication of the
•
We have not bagged new customers: Vishnu R Dusad of Nucleus Software
In an interview with ET Now, Vishnu R Dusad, CEO, Nucleus Software says that they cannot be very sure about which way the growth will sustain.
ET Now: Do you think these numbers are a klar reflexion of all round geographical growth because growth seems to be pretty even for you, from India, Europe, Australia, it is a double digit growth everywhere?
Vishnu R Dusad: Yes I think thankfully this quarter has been in that manner. However, let me just add that ours is a very lumpy business and we just cannot be very sure about which way the growth will sustain. So it has been essentially the focus on cost and, of course, our sustained effort to deliver value to all our customers that has helped us deliver these numbers.
ET Now: Geographically you have done well in most of your markets be it India, far east, Europe, Australia. Having grown 11% in the first half in rupee terms, give us a little bit of sense of wha
ET Now: Do you think these numbers are a klar reflexion of all round geographical growth because growth seems to be pretty even for you, from India, Europe, Australia, it is a double digit growth everywhere?
Vishnu R Dusad: Yes I think thankfully this quarter has been in that manner. However, let me just add that ours is a very lumpy business and we just cannot be very sure about which way the growth will sustain. So it has been essentially the focus on cost and, of course, our sustained effort to deliver value to all our customers that has helped us deliver these numbers.
ET Now: Geographically you have done well in most of your markets be it India, far east, Europe, Australia. Having grown 11% in the first half in rupee terms, give us a little bit of sense of wha