Newgen Software Technologies Ltd.

BSE: 540900 | NSE: NEWGEN
Small Cap | IT - Software
472.35
-11.25 (-2.33%)
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Newgen Software Technologies reports marginal rise in Q3 consolidated net profit

Date: 17-01-2023

Newgen Software Technologies has reported results for third quarter ended December 31, 2022.

The company has reported rise of 3.22% in its net profit at Rs 47.18 crore for Q3FY23 as compared to Rs 45.71 crore for the corresponding quarter previous year. Total income of the company increased by 26.43% to Rs 244.18 crore for the quarter as compared to Rs 193.14 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 0.82% in its net profit at Rs 48.20 crore for Q3FY23 as compared to Rs 47.81 crore for the same quarter in the previous year. Total income of the company increased by 26% to Rs 264.30 crore for the quarter under review as compared to Rs 209.76 crore for the same quarter in the previous year.