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Newgen Software Tech - Quaterly Results

02 May 2023 Evaluate
The sales figure stood at Rs. 2834.44 millions for the March 2023 quarter. The mentioned figure indicates a growth of about 34.61% as compared to Rs. 2105.72 millions during the year-ago period.Net Profit recorded in the quarter ended March 2023 rise to 36.06% to Rs. 763.80  millions  compared to R. 561.36 millions in corresponding previous quarter.Operating profit for the quarter ended March 2023 rose to 985.67 millions as compared to 693.43 millions of corresponding quarter ended March 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 2834.44 2105.72 34.61 8878.01 7107.86 24.90 8878.01 7107.86 24.90
Other Income 71.08 56.82 25.10 331.45 299.34 10.73 331.45 299.34 10.73
PBIDT 985.67 693.43 42.14 2302.13 2110.54 9.08 2302.13 2110.54 9.08
Interest 10.37 14.32 -27.58 38.73 31.78 21.87 38.73 31.78 21.87
PBDT 975.30 679.11 43.61 2263.40 2078.76 8.88 2263.40 2078.76 8.88
Depreciation 53.28 39.21 35.88 191.68 153.24 25.08 191.68 153.24 25.08
PBT 922.02 639.90 44.09 2071.72 1925.52 7.59 2071.72 1925.52 7.59
TAX 158.22 78.54 101.45 372.78 365.59 1.97 372.78 365.59 1.97
Deferred Tax -19.75 -8.82 123.92 -20.20 56.53 -135.73 -20.20 56.53 -135.73
PAT 763.80 561.36 36.06 1698.94 1559.93 8.91 1698.94 1559.93 8.91
Equity 696.56 695.40 0.17 696.56 695.40 0.17 696.56 695.40 0.17
PBIDTM(%) 34.77 32.93 5.60 25.93 29.69 -12.67 25.93 29.69 -12.67
Peers
Company Name CMP
TCS 2106.00
Infosys 1027.30
HCL Technologies 1272.40
Wipro 165.50
Tech Mahindra 1551.60
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