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Newgen Software Technologies reports 35% rise in Q3 consolidated net profit

18 Jan 2022 Evaluate

Newgen Software Technologies has reported results for third quarter ended December 31, 2021.

The company has reported a rise of 38.94% in its net profit at Rs 45.71 crore for the quarter under review as compared to Rs 32.90 crore for the same quarter in the previous year. Total income of the company increased by 11.93% at Rs 193.14 crore for Q3FY22 as compared Rs 172.56 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 34.98% in its net profit at Rs 47.81 crore for the quarter under review as compared to Rs 35.42 crore for the same quarter in the previous year. Total income of the company increased by 10.96% at Rs 209.76 crore for Q3FY22 as compared Rs 189.04 crore for the corresponding quarter previous year.

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