Appointment of Secretarial Auditors of the Company
Awaiting price reaction for this filing.
Newgen Software Technologies reported its audited financial results for Q4 and the full year ended 31 March 2025, along with other Board decisions. Consolidated revenue from operations grew to Rs. 1,48,687.92 lakhs in FY25 from Rs. 1,24,382.86 lakhs in FY24 (~19.5% growth), while consolidated net profit rose to Rs. 31,524.24 lakhs from Rs. 25,160.50 lakhs (~25.3% growth). Consolidated EPS (basic) for FY25 stood at Rs. 22.53. The Board has recommended a final dividend of Rs. 5 per share (50% on face value of Rs. 10), subject to shareholder approval. Statutory auditors Walker Chandiok & Co LLP issued an unmodified opinion on both standalone and consolidated results.
Strong revenue and profit growth, a healthy dividend payout, and a clean audit opinion are positive signals for shareholders. The stock may see constructive sentiment, though the dividend remains subject to AGM approval on 25 July 2025 (record date: 18 July 2025).