Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2024-25
Awaiting price reaction for this filing.
Newgen Software Technologies has submitted its BRSR for FY 2024-25 to BSE and NSE as mandated under SEBI's Listing Regulations. The company reported a total workforce of 4,457 employees, with female representation improving to 25.5% from 24.3% in the previous year. Its turnover stood at ₹135,435.39 lakhs with a net worth of ₹141,310.66 lakhs, and exports contributed 66% of revenue across 77 countries. The board has 28.6% female representation and Newgen holds 8 wholly-owned subsidiaries globally. The company holds multiple certifications including ISO 9001, ISO 27001, SOC-1, SOC-2, GDPR, HIPAA, and PCI DSS, reflecting strong data security and quality standards. No safety incidents, fatalities, or regulatory penalties were reported during the year. Employee well-being spending increased to 1.1% of total revenue from 1.0%, and the company has identified key material risks including climate change, diversity, data privacy, and corporate governance.
This is a routine annual ESG compliance filing with no direct impact on stock price or shareholder returns. The improvements in gender diversity (from 24.3% to 25.5%) and well-being spending (1.0% to 1.1%) signal steady but incremental progress on ESG metrics that may appeal to sustainability-focused investors.