Stock Report

Newgen Software Technologies Ltd posts Rs. 105.26 crores consolidated net profit in Q4 FY24



Posted On : 2024-05-04 12:19:09( TIMEZONE : IST )

Newgen Software Technologies Ltd posts Rs. 105.26 crores consolidated net profit in Q4 FY24

Newgen Software Technologies Limited has reported Consolidated financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 390.3365 crores during the period ended March 31, 2024 as compared to Rs. 334.8056 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 105.2672 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 68.3499 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 7.29 for the period ended March 31, 2024 as compared to Rs. 4.73 for the period ended December 31, 2023.

Financials Q4 FY2024 Q3 FY2024 % Change
Total Income ₹ 390.3365 crs ₹334.8056 crs Up Tick / Down Tick16.59%
Net Profit ₹105.2672 crs ₹68.3499 crs Up Tick / Down Tick54.01%
EPS ₹7.29 ₹4.73 Up Tick / Down Tick54.12%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 390.3365 crores during the period ended March 31, 2024 as compared to Rs.312.9258 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.105.2672 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.79.9422 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.7.29 for the period ended March 31, 2024 as compared to Rs.5.61 for the period ended March 31, 2023.

Financials Q4 FY2024 Q4 FY2023 % Change
Total Income ₹ 390.3365 crs ₹312.9258 crs Up Tick / Down Tick24.74%
Net Profit ₹105.2672 crs ₹79.9422 crs Up Tick / Down Tick31.68%
EPS ₹7.29 ₹5.61 Up Tick / Down Tick29.95%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1291.8929 crores during the Financial Year ended March 31, 2024 as compared to Rs.1007.9645 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.251.6050 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.177.0115 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.17.50 for the Financial Year ended March 31, 2024 as compared to Rs.12.55 for the Financial Year ended March 31, 2023.

Financials Year Ended FY2024 Year Ended FY2023 % Change
Total Income ₹1291.8929 crs ₹1007.9645 crs Up Tick / Down Tick28.17%
Net Profit ₹251.6050 crs ₹177.0115 crs Up Tick / Down Tick42.14%
EPS ₹17.50 ₹12.55 Up Tick / Down Tick39.44%

Shares of Newgen Software Technologies Limited was last trading in BSE at Rs. 1023.50 as compared to the previous close of Rs. 982.35. The total number of shares traded during the day was 59681 in over 14642 trades.

The stock hit an intraday high of Rs. 1050.45 and intraday low of 974.20. The net turnover during the day was Rs. 60310025.00.

Source : Equity Bulls

Keywords

NewgenSoftwareTechnologies Q4FY24 FY2024 ResultUpdate