Newgen Software Technologies Ltd News
Newgen Software surges 19% on heavy volumes; zooms 42% in two weeks
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.
 "Newgen Software surges 19% on heavy volumes; zooms 42% in two weeks")
Newgen Software stock price falls 7% on weak June quarter results
The fall in the stock price came after the company announced a weak set of June quarter results (Q1FY25).
 "Newgen Software stock price falls 7% on weak June quarter results")
Newgen Software shares price rises over 2% on inking $1.48 million pact
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
 "Newgen Software shares price rises over 2% on inking $1.48 million pact")
Newgen Software Q4 result: Net profit up 32% at Rs 105 cr, revenue up 23%
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 .
 "Newgen Software Q4 result: Net profit up 32% at Rs 105 cr, revenue up 23%")
