Newgen Software Q2 results: Profit surges 59% to Rs 48 crore in this quarter
Newgen Software Q2 results: Newgen had reported a net profit of about Rs 30 crore in the year-ago period, the company said in a regulatory filing on Tuesday.
Newgen Software Q2 results: Newgen Software Technologies on Tuesday said its net profit jumped 59 per cent year-on-year to Rs 48 crore in the July-September quarter of the current fiscal.
Newgen had reported a net profit of about Rs 30 crore in the year-ago period, the company said in a regulatory filing on Tuesday.
The company's revenue from operations also increased about 30 per cent to Rs 293 crore in the reporting quarter from Rs 226 crore a year ago, the company said."We witnessed a strong Q2 performance with 30 pc YoY revenue growth and margin expansion compared to same quarter last year," Newgen Software Technologies Chairman & Managing Director Diwakar Nigam said.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
08:12 PM IST