Newgen Software Technologies Limited — Updates, 02-05-2025: Press Release

Newgen Software Technologies has announced a board meeting on the financial results for the quarter and half-year. FY25 revenues grew 20% YoY to Rs 1,487 Cr, driven by strong license and implementation sales. PAT increased 25% to Rs 315 Cr. The client base billing over Rs 5 Cr expanded to 87 from 65, with 62 new logos added. Product and annuity revenues grew 31-41%, led by strong traction in the US and APAC markets. Continued focus on AI-first strategy with new AI products is enhancing growth momentum.