Newgen Software Tech - Quaterly Results
Date: 19-07-2023
The sales for the June 2023 quarter moved up 33.33% to Rs. 2236.02 millions as compared to Rs. 1677.01 millions during the corresponding quarter last year.The company has announced a 48.45% increase in its profits to Rs . 279.73 millions for the quarter ended June 2023 compared to Rs. 188.44 millions in the corresponding quarter in the previous year.Operating profit for the quarter ended June 2023 rose to 395.55 millions as compared to 272.15 millions of corresponding quarter ended June 2022.
| | Quarter ended | Year to Date | Year ended |
| | 202306 | 202206 | % Var | 202306 | 202206 | % Var | 202303 | 202203 | % Var |
| Sales | 2236.02 | 1677.01 | 33.33 | 2236.02 | 1677.01 | 33.33 | 8878.01 | 7107.86 | 24.90 |
| Other Income | 119.52 | 96.40 | 23.98 | 119.52 | 96.40 | 23.98 | 331.45 | 299.34 | 10.73 |
| PBIDT | 395.55 | 272.15 | 45.34 | 395.55 | 272.15 | 45.34 | 2302.13 | 2110.54 | 9.08 |
| Interest | 10.67 | 7.66 | 39.30 | 10.67 | 7.66 | 39.30 | 38.73 | 31.78 | 21.87 |
| PBDT | 384.88 | 264.49 | 45.52 | 384.88 | 264.49 | 45.52 | 2263.40 | 2078.76 | 8.88 |
| Depreciation | 53.32 | 43.11 | 23.68 | 53.32 | 43.11 | 23.68 | 191.68 | 153.24 | 25.08 |
| PBT | 331.56 | 221.38 | 49.77 | 331.56 | 221.38 | 49.77 | 2071.72 | 1925.52 | 7.59 |
| TAX | 51.83 | 32.94 | 57.35 | 51.83 | 32.94 | 57.35 | 372.78 | 365.59 | 1.97 |
| Deferred Tax | -21.00 | -18.36 | 14.38 | -21.00 | -18.36 | 14.38 | -20.20 | 56.53 | -135.73 |
| PAT | 279.73 | 188.44 | 48.45 | 279.73 | 188.44 | 48.45 | 1698.94 | 1559.93 | 8.91 |
| Equity | 696.93 | 695.98 | 0.14 | 696.93 | 695.98 | 0.14 | 696.56 | 695.40 | 0.17 |
| PBIDTM(%) | 17.69 | 16.23 | 9.01 | 17.69 | 16.23 | 9.01 | 25.93 | 29.69 | -12.67 |