Newgen Software Technologies

Newgen Software shares snapped a four-day losing streak and currently trade at 18 times the average 30-day trading volume

Newgen Software Technologies shares slipped 5.7 per cent after the company released its Q1 results; PAT down 54 per cent Y-o-Y

Newgen Software stock was quoting at ₹1,043, down 4.43 per cent from the previous day's close of ₹1,091.4

Court finds Newgen IT's use of the name deceptively similar to Newgen Software's trademark, upholds injunction originally granted in February and made absolute in March

Newgen Software share price rallied on the back of a $2.5 million international deal win. The contract is for five (5) years.

On May 12, Newgen said Newgen Software Technologies Company, a wholly owned subsidiary of the company incorporated in Saudi Arabia, has executed agreements worth of $1.632 million with a customer

IT company Newgen Software has reported a 2.8 per cent growth in consolidated net profit to Rs 108.3 crore in the quarter ended March 31, 2025 on higher revenues. It had logged a profit of Rs 105.26 crore in the corresponding quarter of the previous fiscal, according to a regulatory filing. Revenue from operations for Q4 FY25 came in at Rs 429.8 crore, a 14.5 per cent climb from Rs 375.2 crore in Q4 FY24. Revenue was driven by strong growth in the APAC and the US region, a company statement said. Seen sequentially, profit and revenue rose 21.6 per cent and 12.7 per cent, respectively. For the full FY25, profit jumped 20.5 per cent to Rs 315.2 crore, as against Rs 251.6 crore in FY24. Revenue in FY25 increased 19.5 per cent to reach 1,486.8 crore, on the back of license and implementation revenues. "Growth was driven by strong license and implementation revenues across markets. Our large customer base, with billing of over Rs 5 crores, increased to 87 customers from 65 customers l

The rise in Newgen Software share price came after the company announced that it has secured a contract worth Rs $1,285,074 for Enterprise Content Management solution (ECM)

KPI Green Energy, Sterling & Wilson Renewable Energy, Jai Corp, PTC Industries and GMR Power & Urban Infra from the BSE A group were locked at the lower circuits in intra-day deals on Monday.

The revenue growth moderation was due to a lower-than-expected revenue realisation from the India business

Within seven months, Newgen's share price has more than doubled, or zoomed 118 per cent, from the level of Rs 793 that it hit on June 4

On November 28, 2024, the company announced that it had received a purchase order from RBI to implement and maintain Regulatory Application Management System (RAMS)

Newgen Software share price rose after the company revealed that it has received a purchase order from the RBI for the implementation and maintenance of the Regulatory Application Management System

Newgen Software Technologies on Tuesday reported a 47.19 per cent year-on-year increase in consolidated net profit to Rs 70.33 crore in the September quarter. It had posted a net profit of Rs 47.78 crore in the year-ago period. Revenue for the second quarter of the current fiscal year came in at Rs 361.15 crore, 23.16 per cent higher than Rs 293.23 crore a year earlier. "All our key markets have performed well during the quarter with APAC witnessing strong growth for two consecutive quarters now. While banking & financial services continue to be our core verticals, we saw increasing traction in the insurance and government segment in the quarter," Newgen Software CEO Virender Jeet said. The Noida-headquartered company's employee count stands at nearly 4,400. Shares of Newgen Software Technologies settled at Rs 1,298.45 apiece on the BSE on Tuesday, down 3.95 per cent from the previous close.

A combined 2.42 million equity shares, representing 1.73 per cent of the total equity of the company, had changed hands on the NSE and BSE till 11:21 AM.

The fall in the stock price came after the company announced a weak set of June quarter results (Q1FY25).

The uptick in share price came after Newgen Software announced that its US-based subsidiary has secured an order worth $1.48 million from a client

Tech firm Newgen Software Technologies on Tuesday posted a 31.67 per cent increase in consolidated net profit (attributable to shareholders of the company) to Rs 105.26 crore for the fourth quarter ended March 2024. The company had reported a net profit of Rs 79.94 crore in the year-ago period. Revenue from operations, driven by strong growth in Europe, Middle East, and Africa (EMEA) and India region, rose 23.01 per cent year-on year to Rs 375.26 crore, as against Rs 305.05 crore in Q4FY23, according to a BSE filing. The largest share of revenue was brought in by the banking vertical (73 per cent), followed by insurance (8 per cent), and Govt/PSUs (5 per cent). For the full FY24, the company's profit stood at Rs 251.60 crore, a 42.13 per cent ascent from the previous fiscal's Rs 177.01 crore. Revenue for the year was 27.70 per cent higher at Rs 1,243.82 crore. "We are delighted to close another good growth year in terms of revenue and profit with strong growth in India and EMEA .

The company said the healthy earnings were driven by strong growth in the banking and financial services segment across geographies

Unified digital transformation solutions provider Newgen Software Technologies Ltd on Wednesday reported a 57 per cent rise in its profit after tax at Rs 30 crore in the April-June quarter of the current fiscal. The company had reported a profit after tax (PAT) of Rs 19.2 crores in the first quarter of the previous fiscal, Newgen Software said in a release. Revenue from operations stood at Rs 251.7 crore in the reporting quarter, which was 34 per cent higher than Rs 187.9 crore in the year-ago period. According to Diwakar Nigam, the Chairman & Managing Director of Newgen Software Technologies, the company witnessed the highest quarterly revenue growth rate amid rising demand for digital transformation and automation. "We are witnessing immense opportunities for digital journeys across the financial services sector as well as new requirements for automation at scale. The launch of the recent version of NewgenONE platform further shows our commitment towards this direction. We are ..