X

Newgen Software Technologies Ltd Q2FY24; 63% 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 Q2FY24 of ₹264.00 Crores up from ₹202.00 Crore year on year, a rise of 30.69%.
  • Total Expenses for Q2FY24 of ₹219.00 Crores up from ₹176.00 Crores year on year, a rise of 24.43%.
  • Consolidated Net Profit of ₹44.00 Crores up 62.96% from ₹27.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹6.24, up 62.08% from ₹3.85 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.

Tags: Software
Related Post