Newgen Software reports Revenues from operations at Rs 1,244 cr in FY'24, up 28% YoY; Profit after Tax at Rs 252 cr, up 42% YoY
Profit in a quarter exceeds
Key Highlights- FY'24 v/s FY'23
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Total Income (incl. Other Income) |
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PAT |
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New Logo Wins |
Rs 1,292 Cr |
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51 |
(28% YoY growth) |
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(42% YoY growth) |
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Commenting on the Company's performance, Mr.
"Our commitment to innovation and delivering value to our customers remains steadfast. During the year, we worked constantly on refining and expanding the capabilities of our platforms and solutions. We have successfully rolled out several new versions, with enhanced features, improved design and deployment journeys, enhanced AI/ML capabilities, improved security, and user-centric upgrades. We have increased revenues from existing customers as well as added 51 new logos in FY'24," said Mr. Virender Jeet, CEO,
Key Consolidated Financial Highlights (FY'24)
Revenue from operations (consolidated) witnessed a strong growth of 28% YoY, reaching
Profit after tax stood
at
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Key Consolidated Financial Highlights (Q4 FY'24)
Revenue from operations (consolidated) at
Profit after tax
at |
Key Business Highlights (Q4 FY'24)
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About Newgen
Newgen is the leading provider of a unified digital transformation platform with native process automation, content services, communication management, 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 |
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Disclaimer
This press release may contain certain forward-looking statements concerning
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