Bigul

Newgen Software Technologies Ltd - 540900 - Clarification On Increase In Volume Of Shares

We hereby submit our response to the Email received by the Company on the Increase in Volume.
28-10-2022
Bigul

Newgen Software Technologies Ltd - 540900 - Clarification sought from Newgen Software Technologies Ltd

The Exchange has sought clarification from Newgen Software Technologies Ltd on October 28, 2022, with reference to Movement in Volume.The reply is awaited.
28-10-2022
Bigul

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, 18th October 2022.
22-10-2022

Buy Newgen Software; target of Rs 445: ICICI Direct

ICICI Direct is bullish on Newgen Software recommended buy rating on the stock with a target price of Rs 445 in its research report dated October 19, 2022.
19-10-2022
Bigul

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 second quarter and half year ended 30th September 2022.
19-10-2022
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Newgen Software Technologies Ltd - 540900 - Audio Recording Of The Conference Call Held On 18Th October 2022

We hereby submit the the audio recording of Conference Call held on 18th October 2022, for the second Quarter and Half year ended 30th September 2022.
18-10-2022
Bigul

Q2FY23 Quarterly Result Announced for Newgen Software Technologies Ltd.

Newgen Software Technologies announced Q2FY23 results: Consolidated (Q2FY23): Revenue from operations (consolidated) witnessed a strong growth at Rs 226 crore as compared to Rs 186 crore in Q2FY22 (up 22% YoY). Subscription revenues (ATS/AMC and cloud) stood at Rs 79 crore, up 30% YoY. Annuity revenue streams (ATS/AMC, support, and cloud/SaaS) were at Rs 143 crore Revenue from the sale of products/licenses was at Rs 47 crore Profit after tax stood at Rs 30 crore in Q2FY23. Consolidated (H1FY23): Revenue from operations (consolidated) witnessed a strong growth at Rs 414 crore as compared to Rs 345 crore in H1FY22 (up 20% YoY). Profit after tax stood at Rs 49 crore in the first half of the year. Speaking about the results, Diwakar Nigam, Chairman & Managing Director, Newgen Software Technologies Ltd. said – “We witnessed a robust 22% YoY growth in Q2 revenues with growth across all markets. Our subscription revenues witnessed a growth of 30% YoY. We are happy to share that we launched our low code, comprehensive, easily configurable, and future-ready Trade Finance platform during the quarter. The platform is a gamechanger as it helps banks go paperless and streamline their end-to-end trade processes while ensuring compliance with domestic and international regulations. We are excited about this launch and are confident that this will play a pivotal role in accelerating our company’s growth.” “We continue to see robust demand especially across our traditional markets despite the prevailing uncertainty in the global economy. In Q2, India; EMEA and APAC geographies grew at 27%, 24% and 39% respectively. The quarter was marked by 14 new logo wins spread across geographies.” said Virender Jeet, CEO, Newgen Software. Result PDF
18-10-2022
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