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Newgen Software reports Revenues from operations at Rs 1,244 cr

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New Delhi, India 2nd May, 2024: The administration ofNewgenSoftwareTechnologies Ltd. introduced outcomes for the yr and quarter ended March 31, 2024 at its Board Meeting held on April 30, 2024.

Key Highlights-FY24v/sFY’23

Commenting on the Company’s efficiency, Mr. Diwakar Nigam, Chairman & Managing Director, NewgenSoftwareTechnologies Ltd. mentioned – “We are delighted to shut one other good progress yr when it comes torevenuesand income with robust progress in India and EMEA markets. Our massive buyer base has been rising, resulting in robust progress in income per buyer. For the quarter, we’ve got registered our highest ever quarterly income atRs 375 crores in This autumn. Profit after tax crossed Rs100 crores for the primary time in 1 / 4.”

“Our dedication to innovation and delivering worth to our prospects stays steadfast. During the yr, we labored continually on refining and increasing the capabilities of our platforms and options. We have efficiently rolled out a number of new variations, with enhanced options, improved design and deployment journeys, enhanced AI/ML capabilities, improved safety, and user-centric upgrades. We have elevatedrevenuesfrom present prospects in addition to added 51 new logos inFY24.” mentioned Mr. Virender Jeet, CEO,NewgenSoftware.

Disclaimer: This press launch serves for informational functions solely and doesn’t represent skilled recommendation. Any reliance on the knowledge supplied is at the reader’s discretion.


Mansi Praharaj

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