Newgen Software Technologies will hold a meeting of the Board of Directors of the Company on 15 October 2024.Powered by Capital Market - Live News

The board of Newgen Software Technologies at its meeting held on 30 July 2024 has approved the appointment of Sudhir Kumar Sethi (DIN: 00058105) as an Additional Director in the category of Non-Executive Independent Director on the Board of the Company, with effect from 30 July 2024, for a first term of five consecutive years, subject to the approval of the Members of the CompanyPowered by Capital Market - Live News

Net profit of Newgen Software Technologies rose 57.52% to Rs 47.57 crore in the quarter ended June 2024 as against Rs 30.20 crore during the previous quarter ended June 2023. Sales rose 25.05% to Rs 314.72 crore in the quarter ended June 2024 as against Rs 251.67 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales314.72251.67 25 OPM %15.1512.76 - PBDT69.2343.43 59 PBT61.4936.61 68 NP47.5730.20 58 Powered by Capital Market - Live News

Newgen Software Technologies has received reaffirmation in credit rating of CRISIL A1 for debt facilities including Bank Guarantee (Rs 10 crore) and Export Packing Credit & Export Bills Negotiation/Foreign Bill Discounting (Rs 85 crore). Powered by Capital Market - Live News

Newgen Software Technologies will hold a meeting of the Board of Directors of the Company on 18 July 2024.Powered by Capital Market - Live News