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Newgen Software Technologies Ltd - 540900 - Incorporation Of A Wholly Owned Subsidiary In Saudi Arabia

We would like to inform you that the Board of Directors of the Company at its meeting held today has approved for incorporation of a wholly owned subsidiary of the Company in Saudi Arabia.
14-02-2023
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Newgen Software Technologies Ltd - 540900 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

We hereby enclose herewith a copy of the transcript of the Conference Call held on Tuesday, 17th January 2023..
23-01-2023
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Newgen Software Technologies Ltd - 540900 - Intimation Of Schedule Of Road Show

We would like to inform that the Company's management will participate in a "Non Deal Road Show" on January 19, 2023 (Thursday) and January 20, 2023 (Friday) in Mumbai.
19-01-2023

Buy Newgen Software; target of Rs 460: ICICI Direct

ICICI Direct is bullish on Newgen Software recommended buy rating on the stock with a target price of Rs 460 in its research report dated January 18, 2023.
18-01-2023
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Newgen Software Technologies Ltd - 540900 - Announcement under Regulation 30 (LODR)-Newspaper Publication

We are enclosing herewith the copy of advertisements published in Jansatta (Regional-Hindi) and Financial Express (All edition-English) in relation to the Unaudited Standalone and Consolidated Financial Results of the Company for the third Quarter ended 31st December 2022.
18-01-2023

Results Earnings Call for Q3FY23 of Newgen Software Technologies Ltd.

Conference Call with Newgen Software Technologies Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.
17-01-2023
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Newgen Software Technologies Ltd - 540900 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

The audio recording of Conference Call held on 17th January 2023, for the third Quarter ended 31st December 2022 is available on the Company's website.
17-01-2023
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Newgen Software Technologies Ltd - 540900 - Grant Of ESOP'S Under Newgen Software Technologies Limited Employees Stock Option Scheme - 2022 And Newgen Employees Stock Option Scheme 2014.

We hereby inform you that today i.e. Tuesday, 17th January 2023, the Nomination & Remuneration Committee of the Company, has approved the grant of options under Newgen Software Technologies Limited Employees Stock Option Scheme - 2022 and Newgen Employees Stock Option Scheme 2014.
17-01-2023
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Q3FY23 Quarterly Result Announced for Newgen Software Technologies Ltd.

Newgen Software Technologies announced Q3FY23 results: Q3FY23: Revenue from operations (consolidated) witnessed a strong growth at Rs 255 crore as compared to Rs 203 crore in Q3 FY’22 (up 26% YoY). Subscription revenues (ATS/AMC and cloud) stood at Rs 84 crore, up 37% YoY. Annuity revenue streams (ATS/AMC, support, and cloud/SaaS) were at Rs 154 crore, up 38% YoY. Revenue from the sale of products/licenses was at Rs 58 crore Profit after tax stood at Rs 48 crore in Q3 FY’23. 9MFY23: Revenue from operations (consolidated) witnessed a strong growth at Rs 669 crore as compared to Rs 548 crore in 9M FY’22 (up 22% YoY). Profit after tax stood at Rs 98 crore in the first nine months of the year Speaking about the results, Diwakar Nigam, Chairman & Managing Director, Newgen Software Technologies Ltd, said – “We are happy to share that we have made good progress and delivered strong performance across key business metrics. This is our first quarter with revenues exceeding Rs 250 crores. We witnessed broad-based growth across all geographies, with overall Q3 revenue growth of 26% YoY. India and EMEA geographies continued to be major growth drivers with revenue growth of 40% and 27% respectively. The subscription revenues had been growing steadily at a healthy pace of 38% YoY. We closed significant cloud/ subscription license projects during the quarter.” “Overall, in the first 9 months of the year, we clocked in revenues of Rs 669 crores, indicating a 22% growth YoY. We witnessed 36 new logo wins in the 9-month period with Q3 clocking 16 new logo wins spread across geographies. This shows strong customer sentiment for enterprise-wide automation using NewgenONE low code digital transformation platform,” said Virender Jeet, CEO, Newgen Software." Result PDF
17-01-2023
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