Company is open to the idea of acquiring start-ups: Nucleus Software

Nucleus Software is the stock in focus after they reported a strong set of Q3 numbers. In an interview to CNBC-TV18, Vishnu R Dusad, MD & CEO of the company spoke about the results and gave his outlook for the future.

CNBC-TV18

January 24, 2018 / 12:17 IST

Nucleus Software reported a strong set of Q3 numbers. In an interview to CNBC-TV18, Vishnu R Dusad, MD & CEO of the company spoke about the results and gave his outlook for the future.

Dusad said that we will be able to maintain margins at Q3 levels.

On the business front, he said that most of the customers we have added are for cloud computing.

Talking about cash, he said the current cash balance of Rs 430 crore will be utilised for acquisitions.

The company is open to the idea of acquiring start-ups, he added.

Watch accompanying video for more details…

CNBC-TV18

first published: Jan 24, 2018 12:14 pm

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