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Newgen Software promoter sell 10 57% stake

Newgen Software promoter sell 10 57% stake
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Abu dhabiAbuz abyUnited arab emiratesMukul mahavirprasad agrawalPriyadarshini nigamDiwakar nigamNewgen softwareNewgen software technologiesAbu dhabi investment authorityIndia acorn fundKuber india fundAshoka india opportunities fundsValue investmentCapital marketஒன்றுபட்டது அரபு அமீரகங்கள்பிரியதர்ஷினி நீகம்

Newgen Cited as a Strong Performer for Content Platforms by an Independent Research Firm

Newgen Cited as a Strong Performer for Content Platforms by an Independent Research Firm
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Promoter Group of Newgen Software Technologies Limited have sold 10 57% stake in the company

Promoter Group of Newgen Software Technologies Limited have sold 10 57% stake in the company
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Diwakar nigamPromoter group of newgen software technologiesJefferies india privatePromoter groupPromoters promoter groupPromoters of newgen software technologies limited companyNewgen software technologies ltdNewgen software technologies limitedTime zoneManaging directorWhole time directorJefferies india private limitedதிவாகர் நீகம்ஜெஃப்பெரிஸ் இந்தியா ப்ரைவேட்ப்ரமோடர் குழுப்ரமோடர்ஸ் ப்ரமோடர் குழு

Newgen Software Q4 net profit up 27 pc at Rs 53 crore

Newgen Software Q4 net profit up 27 pc at Rs 53 crore ANI | Updated: May 25, 2021 12:30 IST New Delhi [India], May 25 (ANI): Newgen Software on Tuesday posted a net profit of Rs 53 crore for the quarter ended March as against Rs 42 crore for the same period in the previous fiscal, marking 27 per cent growth. Earnings before interest, taxes, depreciation and amortisation (EBIDTA) were up by 28 per cent at Rs 66 crore compared to Rs 52 crore in the same period. The company said revenue from operations witnessed strong sequential growth and reached Rs 200 crore in Q4 FY21, up 7.8 per cent from Rs 186 crore in Q3 FY21.

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Newgen Software Q4 PAT rises 49% QoQ

On a consolidated basis, Newgen Software Technologies reported 48.9% jump in net profit to Rs 52.73 crore on 7.8% rise in revenue from operations to Rs 200 crore in Q4 FY21 over Q3 FY21. Subscription revenues (ATS/AMC and cloud) were at Rs 52.3 crores, up 2.1% quarter-on-quarter (QoQ). Annuity revenue streams (ATS/AMC, support, and cloud/SaaS) were at Rs 101.8 crore in Q4 FY21 as against Rs 100.5 crore in Q3 FY21. Revenue from sale of products/license were at Rs 47.0 crores, up 29.1% QoQ. Implementation & digitization revenues were at Rs 51.2 crores, up 5.3% QoQ. EBIDTA declined 3.6% to Rs 66.30 crore in Q4 FY21 from Rs 68.80 crore in Q3 FY21.

Diwakar nigamNewgen software technologiesGlobal system integratorCapital marketEnterprise softwareNewgen software technologiesS ampp bse sensex indexUnited statesDiwakar nigamChairman amp managing directorதிவாகர் நீகம்நியூஜென் மென்பொருள் தொழில்நுட்பங்கள்உலகளாவிய அமைப்பு ஒருங்கிணைப்பாளர்மூலதனம் சந்தைநிறுவன மென்பொருள்