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Newgen Software's Q3 FY'26 revenue hit INR400 Cr (up 5% YoY), with 9-month revenue at INR1,122 Cr (up 7% YoY). Annuity and subscription revenues showed strong growth at 20% and 29% YoY, respectively. Adjusted Q3 PAT was INR90 Cr (22.5% net margin), absorbing a INR35 Cr labor code impact. The company added 7 new logos in Q3, securing notable wins globally. Management highlighted elongated decision cycles for large deals, especially in India and EMEA, citing AI-led uncertainty. Despite this, leadership remains confident in long-term growth, driven by subscription expansion, its global customer base, and AI product innovation.