Hot Pursuit     27-Feb-25
Newgen Software Tech gains after securing $1.93 million deal with USA Client
Newgen Software Technologies advanced 2.38% to Rs 983.30 after the company announced that its material subsidiary, Newgen Software Inc. (NSI), incorporated in the USA, has executed a Statement of Work (SoW) with a USA-based client.
The agreement, which is valued at $1,930,147, covers an initial three-year period. The official announcement was made on 26 February 2025.

Newgen Software Technologies is the leading provider of a unified digital transformation platform with native process automation, content services, and communication management 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 many more use cases across industries.

The company’s consolidated net profit surged 30.2% to Rs 89 crore in Q3 FY25 as against Rs 68.35 crore posted in Q3 FY24. Revenue from operations jumped 17.8% YoY to Rs 381.11 crore in the quarter ended 31 December 2024.

Previous News
  Newgen Software Technologies consolidated net profit rises 30.21% in the December 2024 quarter
 ( Results - Announcements 20-Jan-25   13:53 )
  Newgen wins order worth USD 1.38 million
 ( Corporate News - 27-Mar-25   15:16 )
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 ( Hot Pursuit - 27-Mar-25   15:37 )
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  Newgen Software soars on bagging three-year contract from international client
 ( Hot Pursuit - 22-Aug-23   14:14 )
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  Newgen receives a Patent for Centralized Controlled Printing and Administration
 ( Corporate News - 07-Jan-22   15:39 )
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 ( Corporate News - 20-Jan-25   16:25 )
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 ( Corporate News - 22-Apr-23   15:34 )
  Newgen Software Technologies incorporates wholly owned subsidiary in Saudi Arabia
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