The company is looking at hiring about 400-500 people from campuses this year to meet its business requirements, having fulfilled its commitment of timely onboarding of campus recruits last year, Virender Jeet, CEO of Newgen Software, told PTI.
COMPANY NEWS: Newgen Software Technologies reported revenues at Rs 252 cr, up 34% Q1 YoY; Profit after Tax at Rs 30 cr, up 57% Q1 YoY. The company wit.
Mastek reported a net profit of INR 70 crore in the first quarter, down 9% YoY on the back of stronger competition and macroeconomic challenges. The company saw a 27% YoY increase in revenues to INR 725 crore, driven by demand for the company s digital and cloud transformation services.