Newgen Software Reports Q1 FY27 Consolidated Net Profit Of ₹50.29 Crore
· Free Press Journal
Newgen Software Technologies Ltd announced on Thursday, 16 July 2026, a consolidated net profit of ₹50.29 crore for the first quarter ended 30 June 2026.
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Quarterly Financial Performance
The company's consolidated revenue from operations for Q1 FY27 was ₹323.73 crore. This compares to ₹270.62 crore in the corresponding quarter of the previous fiscal year, Q1 FY26.
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Consolidated net profit increased to ₹50.29 crore in Q1 FY27 from ₹41.52 crore in Q1 FY26. This represents a year-on-year growth of 21.12 per cent.
Key Managerial Personnel Update
Newgen Software also announced changes in the authorisation of Key Managerial Personnel (KMP).
Authorised Personnel
Effective from 1 August 2026, Tarun Nandwani, Chief Executive Officer; Arun Kumar Gupta, Chief Financial Officer; and Aman Mourya, Company Secretary & Compliance Officer, are authorised to determine the materiality of events and make disclosures to stock exchanges. Nandwani's appointment as CEO is also effective from 1 August 2026.
Disclaimer: This report is based on the company's filed financial results (standalone or consolidated, as applicable) and is intended solely for informational purposes. It does not constitute investment advice or a recommendation to buy, sell or hold any security.