Newgen Software Technologies Ltd.

Newgen Software Technologies has reported results for first quarter ended June 30, 2021.

The company has reported above 2- fold jump in its net profit of Rs 19.41 crore for the quarter under review as compared to net profit of Rs 7.18 crore for the same quarter in the previous year. Total income of the company increased by 33.58% at Rs 155.07 crore for Q1FY22 as compared Rs 116.09 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 2- fold jump in its net profit attributable to shareholders of Rs 21.60 crore for the quarter under review as against net profit of Rs 9.12 crore for the same quarter in the previous year. Total income of the company increased by 25.05% at Rs 170.12 crore for Q1FY22 as compared Rs 136.04 crore for the corresponding quarter previous year.