Newgen Software Technologies has reported results for first quarter ended June 30, 2019.
The company has reported 24.67% fall in its net profit at Rs 1.71 crore for the quarter under review as compared to Rs 2.27 crore for the same quarter in the previous year. However, total income of the company increased by 17.72% at Rs 116.50 crore for Q1FY20 as compared Rs 98.96 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 20.41% in its net profit at Rs 3.08 crore for the quarter under review as compared to Rs 3.87 crore for the same quarter in the previous year. However, total income of the company increased by 17.20% at Rs 133.92 crore for Q1FY20 as compared Rs 114.27 crore for the corresponding quarter previous year.
