Shares of surged 9% to Rs 1,335.7 in intraday trade on Thursday after the company announced a $2.5 million international order.
In a regulatory filing on Wednesday, Newgen said it received and accepted a $2.5 million (approximately Rs 20.8 crore) contract for the supply and implementation of its Enterprise Workflow and Content Management System.
The five-year contract, awarded by an overseas client, includes licensing, implementation, and support services. Newgen’s solutions will be deployed to drive digital transformation across multiple business lines of the customer.
Newgen Software Q4 earnings
Newgen Software reported a 2.8% year-on-year rise in consolidated net profit to Rs 108.3 crore for the quarter ended March 31, 2025, driven by higher revenues. In the same quarter last year, the company posted a profit of Rs 105.26 crore.
Revenue from operations grew 14.5% to Rs 429.8 crore in Q4 FY25, up from Rs 375.2 crore in Q4 FY24, supported by strong performance in the APAC and US markets.
On a sequential basis, net profit and revenue increased by 21.6% and 12.7%, respectively.
For the full financial year FY25, Newgen’s profit rose 20.5% to Rs 315.2 crore, compared to Rs 251.6 crore in FY24. Annual revenue increased 19.5% to Rs 1,486.8 crore, driven by growth in the license and implementation segments.