IT Consulting & Software company Newgen Software Technologies announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from operations (consolidated) at Rs 430 crore as compared to Rs 375 crore in Q4FY24, up 15% Q4 YoY driven by strong growth in APAC and US regions. Total annuity revenue streams (ATS/AMC, support, cloud/SaaS and subscription license) at Rs 219 crore. Revenue from products grew by 31% Q4 YoY to reach Rs 97 crore. Profit after tax at Rs 108 crore during the quarter. FY25 Financial Highlights: Revenue from operations (consolidated) witnessed a strong growth of 20% YoY, reaching Rs 1,487 crore as compared to Rs 1,244 crore in FY24 driven by strong license and implementation revenues. Annuity revenue streams (ATS/AMC, support, and cloud/SaaS and Subscription license) were at Rs 834 crore. Revenue from the sale of products/license were at Rs 314 crore, witnessing a growth of 41% YoY. Revenue from Implementation and others were at Rs 339 crore. Profit after tax stood at Rs 315 crore during the year, up 25% YoY compared to Rs 252 crore in FY24. Business Highlights: Growing large customer base - 87 customers with over Rs 5 crore billing during the year, compared to 65 in FY24. 62 new customer logo addition during the year. Recognised as a “Leader” in The Forrester Wave™: Content Platforms, Q1CY25, for the second time in a row. Recognised by Forrester among notable vendors in ‘The Low-Code Platforms For Professional Developers Landscape, Q4FY24’ report. The board has approved a Dividend of Rs 5 per equity share. Diwakar Nigam, Chairman & Managing Director, Newgen Software Technologies, said: “FY25 was a year of healthy revenue growth and margin expansion for Newgen. Growth was driven by strong license and implementation revenues across markets. Our large customer base, with billing of over Rs 5 crore, increased to 87 customers from 65 customers last year. The quarter specifically witnessed strong growth and deal wins in the US region. Looking ahead, we see strong momentum building across our business and are energised by the growth prospects ahead” Virender Jeet, CEO, Newgen Software, said: “Newgen continues to accelerate its AI-first strategy with significant investments in AI-driven products and solutions. This year, we have launched groundbreaking AI agents – Lumyn, Harper, and Marvin – which have already demonstrated their potential through several promising and viable use cases. We anticipate further growth and innovation in AI-led journeys as we build upon these successes." Result PDF
Conference Call with Newgen Software Technologies Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
IT Consulting & Software company Newgen Software Technologies announced 9MFY25 & Q3FY25 results Q3FY25 Financial Highlights: Revenue from operations (consolidated) witnessed growth of 18% Q3 YoY, reaching Rs 381 crore as compared to Rs 324 crore in Q3FY24. License sales up by 70% Q3 YoY due to good deal velocity. Annuity revenue streams (ATS/AMC, support, and cloud/SaaS and Subscription license) were at Rs 208 crore. Revenue from the sale of products/license were at Rs 94 crore. Revenue from Implementation and others were at Rs 79 crore. Profit after tax stood at Rs 89 crore during the quarter, up 30% YoY compared to Rs 68 crore in Q3FY24. 9MFY25 Financial Highlights: Revenue from operations (consolidated) witnessed growth of 22% 9MFY25 YoY, reaching Rs 1057 crore as compared to Rs 869 crore in 9MFY24. Annuity revenue streams (ATS/AMC, support, and cloud/SaaS and Subscription license) were at Rs 614 crore. Revenue from the sale of products/license were at Rs 217 crore. Revenue from Implementation and others were at Rs 226 crore. Profit after tax stood at Rs 207 crore during 9MFY25, up 41% YoY compared to Rs 146 crore in 9MFY24. Diwakar Nigam, Chairman & Managing Director, Newgen Software Technologies, said: “We continue to solidify our business and cultivate our customer relationships during the quarter. License revenues have grown by 70% YoY during Q3 with good deal velocity and several significant deal closures. We witnessed strong growth in Banking & Financial Services and Government verticals during the quarter. We are also entrenching deeper in the Insurance & Healthcare verticals across markets. We have been recognized in the Gartner Magic Quadrant for Enterprise Low-Code Application Platforms fifth time in a row. We believe, this is a testament to our unwavering commitment to innovation and excellence.” Virender Jeet, CEO, Newgen Software, said: “We are happy to share with immense pride and satisfaction that Newgen has been certified as a Great Place to Work by the Great Place to work institute in December 2024. We are committed to create a high trust high performance culture at Newgen as we scale up.” Result PDF