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4w ago

Newgen Software Shares Jump Over 9% on $2 Million International Order

The five-year contract for its Enterprise Workflow and Content Management System underscores growing global demand for Newgen’s digital transformation solutions.

Newgen Software shares surge 9% on fresh order win, check details
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Overview

  • The company announced a $2 million supply and implementation order from an overseas client to deploy its workflow and content management platform over five years.
  • Newgen’s stock climbed as much as 9.11% to Rs 1,336 a share after the exchange filing, extending a 49.8% gain over the past year.
  • Consolidated net profit rose 2.8% to Rs 108.3 crore in the quarter ended March 31, 2025, supported by higher license and implementation revenues.
  • Revenue from operations grew 14.5% year-on-year to Rs 429.8 crore in the fourth quarter, driven by strong performances in the APAC and US markets.
  • The number of large customers billing over Rs 5 crore increased to 87 from 65 last year, and five out of eight analysts maintain a buy rating on the stock.