2025-05-02 11:12:43
Latest Post
Godrej Agrovet Limited consolidated Q4FY25 net profit drops QoQ to Rs. 70.78 crores
L G Balakrishnan & Bros Ltd posts Rs. 84.03 crores consolidated profit in Q4FY25
Swastika Investmart Ltd Q4 FY2025 consolidated profit slumps to Rs. 27.17 lakhs
Vertex Securities Ltd consolidated Q4 FY25 loss at Rs. 53.99 lakhs
The Federal Bank Limited consolidated Q4FY25 PAT jumps to Rs. 1108.31 crores
Stock Report
Newgen Software Technologies Ltd reports Rs. 21.60 crores consolidated PAT in 1QFY22
Posted On : 2021-07-20 13:30:20( TIMEZONE : IST )
Newgen Software Technologies Ltd has reported financial results for the period ended June 30, 2021.
Financial Results (Q1 FY 2021-22) - QoQ Comparison
The company has reported total income of Rs.170.11 crores during the period ended June 30, 2021 as compared to Rs.204.55 crores during the period ended March 31, 2021.
The company has posted net profit / (loss) of Rs.21.60 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.52.73 crores for the period ended March 31, 2021.
The company has reported EPS of Rs.3.09 for the period ended June 30, 2021 as compared to Rs.7.51 for the period ended March 31, 2021.
| Financials | Q1 FY2021-22 | Q4 FY20-21 | % Change |
| Total Income | ₹ 170.11 crs | ₹ 204.55 crs |  -16.84% |
| Net Profit | ₹ 21.60 crs | ₹ 52.73 crs | -59.04% |
| EPS | ₹ 3.09 | ₹ 7.51 | -58.85% |
Financial Results (Q1 FY 2021-22) - YoY Comparison
The company has reported total income of Rs.170.11 crores during the period ended June 30, 2021 as compared to Rs.136.03 crores during the period ended June 30, 2020.
The company has posted net profit / (loss) of Rs.21.60 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.9.12 crores for the period ended June 30, 2020.
The company has reported EPS of Rs.3.09 for the period ended June 30, 2021 as compared to Rs.1.31 for the period ended June 30, 2020.
| Financials | Q1 FY2021-22 | Q1 FY2020-21 | % Change |
| Total Income | ₹ 170.11 crs | ₹ 136.03 crs |  25.05% |
| Net Profit | ₹ 21.60 crs | ₹ 9.12 crs | 136.84% |
| EPS | ₹ 3.09 | ₹ 1.31 | 135.88% |
Speaking about the results, Mr. Diwakar Nigam, Chairman & Managing Director, Newgen Software Technologies Ltd. said - "We are pleased to announce a robust growth quarter. We witnessed accelerated and broad based growth in revenues and profits. Revenues were up by 21% and Profit after tax was up by 137% in Q1 compared to the same period last year. As the markets are opening up, we hope to maintain the growth momentum. We continue to put efforts in growing our annuity based revenues which witnessed a growth of 20% Q1 YoY.
Most of the employees continue to work remotely, as we prepare for the postCOVID hybrid working environment moving forward. We have also been organizing vaccination drives across locations for our employees and their families.
We are excited to unveil our digital transformation platform-NewgenONE. NewgenONE is a comprehensive low-code platform for process automation with integrated content services, and communication management. NewgenONE simplifies complex enterprises wide business processes and information for superior employee and customer experiences.
We have enhanced our relationships with System Integrators through exemplary customer cases and success stories in our joint target markets. This segment is expected to be a key growth engine of our revenues in the medium term."
Shares of Newgen Software Technologies Ltd was last trading in BSE at Rs.698.05 as compared to the previous close of Rs. 702. The total number of shares traded during the day was 23984 in over 1928 trades.
The stock hit an intraday high of Rs. 700 and intraday low of 680.9. The net turnover during the day was Rs. 16601483.
