Newgen Software Technologies Ltd Q1 FY2023-24 consolidated PAT slides QoQ to Rs. 30.15 crores

Newgen Software Technologies Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 264.1772 crores during the period ended June 30, 2023 as compared to Rs. 312.9258 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 30.1505 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 78.6122 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 4.24 for the period ended June 30, 2023 as compared to Rs. 11.04 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹264.1772 crs	₹312.9258 crs	-15.58%
Net Profit	₹30.1505 crs	₹78.6122 crs	-61.65%
EPS	₹4.24	₹11.04	-61.59%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.264.1772 crores during the period ended June 30, 2023 as compared to Rs.198.0324 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.30.1505 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.19.1752 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.4.24 for the period ended June 30, 2023 as compared to Rs.2.74 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹264.1772 crs	₹198.0324 crs	33.40%
Net Profit	₹30.1505 crs	₹19.1752 crs	57.24%
EPS	₹4.24	₹2.74	54.74%

Shares of Newgen Software Technologies Limited was last trading in BSE at Rs. 718.60 as compared to the previous close of Rs. 682.70. The total number of shares traded during the day was 217827 in over 10840 trades.

The stock hit an intraday high of Rs. 757.20 and intraday low of 681.15. The net turnover during the day was Rs. 156647163.00.

Source : Equity Bulls

Keywords

NewgenSoftwareTechnologies Q1FY24 ResultUpdate