Newgen Software Tech - Quaterly Results
Date: 19-07-2023
The sales moved up 33.33% to Rs. 2236.02 millions for the June 2023 quarter as compared to Rs. 1677.01 millions during the year-ago period.An average growth of 48.45% was recorded for the quarter ended June 2023 to Rs. 279.73 millions from Rs. 188.44 millions.The company reported a good operating profit of 395.55 millions compared to 272.15 millions of corresponding previous quarter.
| | 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 |