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2 min read | Updated on May 02, 2025, 13:39 IST
SUMMARY
Newgen Software shares rose over 13% intraday after reporting a 3% YoY increase in Q4 net profit to ₹108.3 crore. Revenue from operations grew 14% YoY to ₹429.8 crore. The company also announced a final dividend of ₹5 per share.
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The record date for Newgen Software's final dividend will be determined after the AGM on Friday, 18th July 2025. | Image: Shutterstock
The IT firm reported a net profit of ₹105.2 crore in the same quarter last year, while it rose 21% QoQ compared to the profit of ₹88.8 crore in the previous quarter. Its revenue from operations rose 14% YoY to ₹429.8 crore, up 14.5% YoY. In Q4FY24, revenue stood at ₹375.2 crore, while it was ₹381.1 crore in the December quarter.
Along with the result, Newgen Software’s board also recommended a final dividend of ₹5 per share on the face value of ₹10 for the year ended 31st March 2025. The record date to determine eligible shareholders will be after company's AGM on Friday, 18th July 2025.
Newgen Software earned a large part of its revenue from Indian and European, the Middle East and African (EMEA) clients. Indian clients contributed ₹133.6 crore, while revenue from EMEA clients stood at ₹138.5 crore during the March quarter. Meanwhile, revenue from Asia Pacific and US clients stood at ₹69.2 and ₹88.4 crore.
Newgen Software shares rebounded today on Q4 earnings announcement. However, on a year-to date basis, the company’s shares are down over 38% amid fall in overall IT stocks due to US recession fears and global slowdown amid US trade tariffs.
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