Newgen Software Technologies Ltd.

BSE: 540900 | NSE: NEWGEN
Small Cap | IT - Software
829.55
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Newgen Software Technologies reports 33% rise in Q3 consolidated net profit

Date: 21-01-2020

Newgen Software Technologies has reported results for third quarter ended December 31, 2019.

The company has reported 59.76% rise in its net profit at Rs 23.74 crore for the quarter under review as compared to Rs 14.86 crore for the same quarter in the previous year. Total income of the company increased by 16.46% at Rs 165.37 crore for Q3FY20 as compared Rs 142.00 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 32.67% in its net profit at Rs 23.96 crore for the quarter under review as compared to Rs 18.06 crore for the same quarter in the previous year. Total income of the company increased by 14.69% at Rs 188.99 crore for Q3FY20 as compared Rs 164.78 crore for the corresponding quarter previous year.