Quarterly Result2 May 2025, 02:01 pm
Newgen Software Reports Revenues from Operations at Rs 1,487 Cr in FY’25, Up 20% YoY; Profit after Tax at Rs 315 Cr, Up 25% YoY
AI Summary
Newgen Software Technologies Ltd. announced its financial results for the year and quarter ended March 31, 2025. The company reported a 20% YoY growth in revenue from operations, which reached Rs 1,487 crore. Profit after tax stood at Rs 315 crore, up 25% YoY. The quarter witnessed strong growth and deal wins in the US region. Newgen continues to invest in AI-driven products and solutions, launching groundbreaking AI agents like Lumyn, Harper, and Marvin. The company's large customer base with billing of over Rs 5 crores increased to 87 customers from 65 last year.
Key Highlights
- Revenues from operations at Rs 1,487 Cr in FY’25, up 20% YoY
- Profit after Tax at Rs 315 Cr, up 25% YoY
- Revenues crossed Rs 400 cr for the first time in a quarter
- Strong growth and deal wins in the US region
- Launch of groundbreaking AI agents - Lumyn, Harper, and Marvin