Newgen Software Technologies announced that it has secured a purchase order worth Rs 13.99 crore from Mercedes-Benz Financial Services India for a loan management system.
The contract is to be executed over a period of five years from the date of license supply.Newgen Software Technologies is a global software company and is engaged in the business of software product development, including designing and delivering end-to-end software solutions covering the entire spectrum of software services from workflow automation to document management to imaging.
The company reported a 16.2% jump in consolidated net profit to Rs 81.7 crore on an 11% increase in revenue from operations to Rs 400.8 crore in Q2 FY26 over Q2 FY25.
Shares of Newgen Software Technologies rose 0.75% to Rs 886 on the BSE.
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