New Delhi, India – May 2, 2025
The management of Newgen Software Technologies Ltd. announced results for the year and quarter ended March 31, 2025 at its Board Meeting held on May 2, 2025.
Commenting on the Company’s performance, Mr. Diwakar Nigam, Chairman & Managing Director, Newgen Software Technologies Ltd. said – “FY’25 was a year of healthy revenue growth and margin expansion for Newgen. Growth was driven by strong license and implementation revenues across markets. Our large customer base, with billing of over Rs 5 crores, increased to 87 customers from 65 customers last year. The quarter specifically witnessed strong growth and deal wins in the US region. Looking ahead, we see strong momentum building across our business and are energized by the growth prospects ahead”
“Newgen continues to accelerate its AI-first strategy with significant investments in AI-driven products and solutions. This year, we have launched groundbreaking AI agents – Lumyn, Harper, and Marvin – which have already demonstrated their potential through several promising and viable use cases. We anticipate further growth and innovation in AI-led journeys as we build upon these successes.” said Mr. Virender Jeet, CEO, Newgen Software.
| Key Consolidated Financial Highlights (FY’25)
Revenue from operations (consolidated) witnessed a strong growth of 20% YoY, reaching Rs 1,487 crore as compared to Rs 1,244 crore in FY’24 driven by strong license and implementation revenues.
Profit after tax stood at Rs 315 crore during the year, up 25% YoY compared to Rs 252 crore in FY’24. |
| Key Business Highlights (Q4 FY’25)
Revenue from operations (consolidated) at Rs 430 crores as compared to Rs 375 crores in Q4 FY’24, up 15% Q4 YoY driven by strong growth in APAC and US region.
Profit after tax at Rs 108 crores during the quarter. |
Key Business Highlights (Q4 FY’25)
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*https://newgensoft.com/company/recognition/
About Newgen
Newgen is the leading provider of an AI-first unified digital transformation platform with native process automation, content services, customer engagement, and AI/ML capabilities. Globally, successful enterprises rely on Newgen’s industry-recognized low code application platform to develop and deploy complex, content-driven, and customer-engaging business applications on the cloud. From onboarding to service requests, lending to underwriting, and for many more use cases across industries, Newgen unlocks simple with speed and agility.
For more details, visit www.newgensoft.com
| Media Contact: | Investor Contact: |
| Runki Goswami runki.goswami@newgensoft.com |
Deepti Mehra Chugh deepti.chugh@newgensoft.com |
Disclaimer
This press release may contain certain forward-looking statements concerning Newgen Software Technologies’ future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth and new business opportunities, competition (both domestic and international), economic growth in India and the target countries for business, ability to attract and retain highly skilled professionals, time and cost over runs on projects, our ability to manage our international operations, government policies, interest and other fiscal costs generally prevailing in the economy. Past performance may not be indicative of future performance. The company does not undertake to make any announcement in case any of these forward-looking statements become materially incorrect in future or update any forward looking statements made from time to time by or on behalf of the company.
