Newgen Software Technologies Limited — Others, 26-06-2025: Shareholders meeting

Newgen Software Technologies Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company has reported a strong broad-based growth with consolidated revenues rising 20% YoY to ₹1,48,688 lakh and profit after tax increasing 25% YoY to ₹31,524 lakh. Key revenue drivers include a 41% increase in license revenues and 25% growth in implementation services. Annuity revenues, comprising ATS/AMC, subscriptions, and support, account for 56% of total revenue. Geographically, APAC led growth with 59% YoY, followed by the US at 20%. The company added 62 new logos, with a customer base of around 500 across 77 countries. Newgen integrates AI, ML, and Generative AI into its NewgenONE unified low-code platform, which offers intelligent process automation, content management, and customer communications primarily to BFSI, government, healthcare, and shared services sectors. Innovation is underpinned by 55 patent filings (25 approved), and recent AI agents launched include LumYn (growth intelligence), Harper (conversion intelligence), and Marvin (productivity). The company declared a final dividend of ₹5 per share (50%) for FY25, subject to shareholder approval. The Board recommends re-appointment of Mr. Diwakar Nigam as director. The company maintains rigorous governance, quality, and security certifications and continues its CSR focus in education and community development, recognized with awards in 2025. Its capital structure remains strong with a gearing ratio below 0.1, and it maintains high liquidity with cash, investments, and rated debt securities. No material regulatory or legal issues affect company operations. The consolidated financial statements have been audited with unmodified opinions.