Newgen Software Technologies Limited — Others, 25-07-2025: Shareholders meeting
25-07-2025 | 02:39 pm
25-07-2025 | 02:39 pm
Newgen Software Technologies' 33rd Annual General Meeting approved key resolutions for the financial year 2024-25. Shareholders adopted the company's audited standalone and consolidated financial results. The company reported consolidated revenues of ₹1,486.9 Cr, marking a 20% year-on-year growth, fueled by strong license revenue growth of 41% and implementation services growth of 25%. Annuity revenues stood at ₹833.7 Cr, contributing 56% to total revenues. Newgen also added 62 new clients and significantly increased its high-value customer base to 87. A final dividend of Rs. 5 per equity share was declared, reflecting the robust financial performance.
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