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Newgen Software Technologies Ltd Q3FY24; 41% 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 Q3FY24 of ₹299.00 Crores up from ₹235.00 Crore year on year, a rise of 27.23%.

Total Expenses for Q3FY24 of ₹234.00 Crores up from ₹186.00 Crores year on year, a rise of 25.81%.

Consolidated Net Profit of ₹65.00 Crores up 41.3% from ₹46.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.66, up 42.51% from ₹3.27 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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