Newgen Software Technologies Ltd - 540900 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio recording of Conference Call held on 19th July 2023, for the quarter ended 30th June 202319-07-2023
19-07-2023
Q1FY24 Quarterly Result Announced for Newgen Software Technologies Ltd.
IT Consulting & Software company Newgen Software Technologies announced Q1FY24 results: Revenue from operations (consolidated) at Rs 251.7 crore as compared to Rs 187.9 crore in Q1FY23, up 34% YoY. Subscription revenues (ATS/AMC, cloud, and subscription license) were at Rs 88.6 crore, up 24% YoY. Total annuity revenue streams (ATS/AMC, support, cloud/SaaS, and subscription license) at Rs 167.8 crore, contributing 67% to revenues Stronger license growth quarter - Revenue from the sale of products/licenses was at Rs 42.1 crore, up 1.9 times YoY Profit after tax at Rs 30.2 crore up 57% from Rs 19.2 crore in Q1FY23. Net Cash from Operating activities at Rs 57.0 crore. 13 new customer logo additions in the quarter Broad-based growth across all regions. The APAC market witnessed a growth of 46%. EMEA, US, and India markets witnessed growth of 38%, 36%, and 25% respectively Speaking about the results, Diwakar Nigam, Chairman & Managing Director, Newgen Software Technologies said, “Continuing the strong momentum, Q1 witnessed robust growth across all geographies. The Company witnessed the highest quarterly YoY revenue growth rate. 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 the NewgenONE platform further shows our commitment to this direction. We are embedding AI and generative AI capabilities in our platforms, redefining the future enterprise automation.” “During the quarter, we witnessed strong bookings from both - existing and new customers. We are working on building a long-term sustainable organization creating robust partner ecosystems, long term customer relationships, dependable supply chains, and a diverse employee base,” said Virender Jeet, CEO, Newgen Software. Result PDF19-07-2023
Newgen Software Technologies Ltd - 540900 - Announcement under Regulation 30 (LODR)-Investor Presentation
Enclosed investor Presentation for Q1 FY 23-2419-07-2023
Newgen Software Technologies Ltd - 540900 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Enclosed Press Release for Q1 FY 23-2419-07-2023
Newgen Software Technologies Ltd - 540900 - Intimation Of Change In Contact Details Of Kmps Under The 'Policy For Determination Of Materiality Of Event Or Information'
Intimation of Change in Contact Details of KMPs under the "Policy for Determination of Materiality of event or information"19-07-2023
Newgen Software Technologies Ltd - 540900 - Grant Of Esops And Rsus
Grant of ESOPs and RSUs19-07-2023
Newgen Software Technologies Ltd - 540900 - Board Meeting Outcome for Outcome Of Board Meeting Held On 19Th July 2023
Considered and approved the Unaudited Standalone and Consolidated Financial Results of the Company for the first Quarter ended 30th June 2023.19-07-2023
Newgen Software Technologies Ltd - 540900 - Results-Financial Results For The 1St Quarter Ended On 30Th June 2023.
Considered and Approved the Unaudited the Standalone and Consolidate Financial results for the 1st Quarter ended 30th June 2023.19-07-2023
Newgen Software Technologies Ltd - 540900 - Disclosure Of Material Event/ Information Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
We hereby inform that the Company has received a purchase order for the implementation of end to end finance including Customer Web portal & Supply Chain Finance solution.18-07-2023
Newgen Software Technologies Ltd - 540900 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
We would like to inform you that the Company will be conducting a Conference Call on Wednesday, 19th July 2023 at 04:00 P.M. (IST).13-07-2023