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Newgen Software Technologies Ltd Q1FY24; 47% rise in Profits

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.

Financial Results:

Newgen Software Technologies Ltd reported Revenues for Q1FY24 of ₹224.00 Crores up from ₹168.00 Crore year on year, a rise of 33.33%.

Total Expenses for Q1FY24 of ₹202.00 Crores up from ₹155.00 Crores year on year, a rise of 30.32%.

Consolidated Net Profit of ₹28.00 Crores up 47.37% from ₹19.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.00, up 48.70% from ₹2.69 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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