Newgen Software releases Consolidated Quarterly Results for March 31, 2023. Newgen Software has announced an increase in total income from Rs. 264.3026 Crores as of December 31, 2022, to Rs. 312.9258 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 48.2032 Crores as of December 31, 2022, to Rs. 78.6122 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 6.89 on December 31, 2022, to Rs. 11.04 on March 31, 2023, according to the company’s statement.
Newgen Software Quarterly Results (Q4 FY2023) – Quarter-over-Quarter Comparison:
Total income of the company is Rs. 312.9258 Crores (March 31, 2023) vs. Rs. 264.3026 Crores (December 31, 2022)
Net profit/loss: Rs. 78.6122 Crores (March 31, 2023) vs. Rs. 48.2032 Crores (December 31, 2022)
EPS: Rs. 11.04 (March 31, 2023) vs. Rs. 6.89 (December 31, 2022)
| Financials | Q4 FY2023 | Q3 FY2023 | % Change |
| Total Income | ₹ 312.9258 Cr | ₹ 264.3026 Cr | ⬆ 18.40% |
| Net Profit | ₹ 78.6122 Cr | ₹ 48.2032 Cr | ⬆ 63.09% |
| EPS | ₹ 11.04 | ₹ 6.89 | ⬇ 60.23%% |
Newgen Software Quarterly Results (Q4 FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 312.9258 Crores (March 31, 2023) vs. Rs. 236.5547 Crores (March 31, 2022)
Net profit/loss: Rs. 78.6122 Crores (March 31, 2023) vs. Rs. 57.4070 Crores (March 31, 2022)
EPS: Rs. 11.04 (March 31, 2023) vs. Rs. 8.22 (March 31, 2022)
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹ 312.9258 Cr | ₹ 236.5547 Cr | ⬆ 32.28% |
| Net Profit | ₹ 78.6122 Cr | ₹ 57.4070 Cr | ⬆ 36.94% |
| EPS | ₹ 11.04 | ₹ 8.22 | ⬆ 34.31% |
Newgen Software Quarterly Results (Year Ended FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 1007.9645 Crores (March 31, 2023) vs. Rs. 808.8735 Crores (March 31, 2022)
Net profit/loss: Rs. 176.2653 Crores (March 31, 2023) vs. Rs. 164.2147 Crores (March 31, 2022)
EPS: Rs. 25 (March 31, 2023) vs. Rs. 23.50 (March 31, 2022)
| Financials | 12 Months Ended FY2023 | 12 Months Ended FY2022 | % Change |
| Total Income | ₹ 1007.9645 Cr | ₹ 808.8735 Cr | ⬆ 24.61% |
| Net Profit | ₹ 176.2653 Cr | ₹ 164.2147 Cr | ⬆ 7.34% |
| EPS | ₹ 25 | ₹ 23.50 | ⬆ 6.38% |
Newgen Software Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹5 per Equity Share of Face Value of ₹10 each of the Company (50% of Face Value). Total Dividend for FY23 stood at ₹4.50 per Equity Share (Interim Dividend of ₹10 per Equity Share)
| Dividend | Record Date |
| ₹5 per Equity Share | 20/06/2023 |
About Newgen Software:
Newgen Software Technologies Ltd is a provider of low code digital automation platform. The Company offers clients products and applications to manage their processes, content, and communications for connected operations. The cloud-based platform enables digital transformation initiatives for customer experience, optimized costs, and improved efficiencies. Newgen serves clients worldwide.
Download Full PDF Q4 Results Newgen Software:
For More Latest News Click Here
