Newgen Software Technologies Ltd - 540900 - Audio Recording Of Conference Call Held On 20Th July 2022
The audio recording of Conference Call held on 20th July 2022, for the first quarter ended 30th June 2022 is available on the Company's website Q1FY23 Quarterly Result Announced for Newgen Software Technologies Ltd.
Newgen Software Technologies Announced Q1FY23 Result : Newgen Software Reports Revenue of Rs 188 cr in Q1 FY’23, up 18% YoY With artificial intelligence and data science powered NewgenONE and cloud-first approach, the company is well-poised for accelerated digital initiatives. Revenues Rs 188 Cr (18% Q1 YoY growth) Subscription Revenues Rs 71 Cr (33% Q1 YoY growth) Annuity Revenues Rs 131 Cr (25% Q1 YoY growth) Revenue from operations (consolidated) witnessed strong growth reaching Rs 188 crores as compared to Rs 160 crores in Q1 FY’22 (up 18% YoY). Subscription revenues (ATS/AMC and cloud) were at Rs 71 crores, up 33% YoY. Annuity revenue streams (ATS/AMC, support, and cloud/SaaS) were at Rs 131 crores Revenue from the sale of products/license was at Rs 14 crores Profit after tax stood at Rs 19 crores as compared to Rs 22 crores in Q1 FY’22. This was impacted due to the normalization of cost base on account of increased employee and travel costs. Speaking about the results, Diwakar Nigam, Chairman & Managing Director, Newgen Software Technologies Ltd. said – “FY’23 has started on a strong note with revenue growth of 18% Q1 YoY with cloud and subscription revenues growing at 33% Q1 YoY. Given the seasonal nature of our business, Q1 is a lean quarter for us. On the cost front, there has been an impact of elevated employee costs and gradually normalizing travel expenses, however, Q1 margins are not a reflection of the year margins. We strongly believe that we have a resilient business model in place, with our products having significant leverage across both sides of the market opportunity - revenue enhancement and cost optimization. “We continue to work on our long term cloud roadmap. We have enhanced NewgenONE with a cloud-native, multi-persona artificial intelligence and data science platform. Our platform is further enriched with intelligent document classification and extraction, integrated process, robotic process automation and easy application deployment capabilities.” said Virender Jeet, CEO, Newgen Software. Result PDF Newgen Software Technologies Ltd - 540900 - Announcement under Regulation 30 (LODR)-Investor Presentation
Enclosed Investor Presentation for the quarter ended 30th June 2022. Newgen Software Technologies Ltd - 540900 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Enclosed Press Release for the quarter ended 30th June 2022. Newgen Software Technologies Ltd - 540900 - Board Meeting Outcome for Outcome Of Board Meeting Held On 20Th July 2022
Considered and approved the Unaudited Standalone and Consolidated Financial Results of the Company for the first Quarter ended 30th June 2022 Newgen Software Technologies Ltd - 540900 - Results-Financial Results For The 1St Quarter Ended On 30Th June 2022.
Considered and approved the Unaudited Standalone and Consolidated Financial Results of the Company for the first Quarter ended 30th June 2022 Newgen Software Technologies Ltd - 540900 - Intimation Of Conference Call
We hereby inform you that the Company will be conducting a Conference Call on Wednesday, 20th July 2022 at 04:30 P.M. (IST). Newgen Software Technologies Ltd - 540900 - Statement Of Investor Complaints For The Quarter Ended June 2022
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0110 Name of the Signatory :- Aman MouryaDesignation :- Company Secretary and Compliance Officer Newgen Software Technologies Ltd - 540900 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We are hereby enclosing Confirmation Certificate pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th June 2022. Newgen Software Technologies Ltd - 540900 - Board Meeting Intimation for Considering And Approving The Unaudited Standalone And Consolidated Financial Results Of The Company For The 1St Quarter Ended 30Th June 2022, Along With Other Items.
Newgen Software Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/07/2022 ,inter alia, to consider and approve unaudited Standalone and Consolidated Financial Results of the Company for the 1st Quarter ended 30th June 2022.