Enclosed Press Release on the Financial Results for the 4th quarter and year ended 31st March 2025.
Awaiting price reaction for this filing.
Newgen Software reported FY25 revenue from operations of Rs 1,487 crore, up 20% year-on-year, driven by strong license and implementation revenues. Profit after tax grew 25% YoY to Rs 315 crore, up from Rs 252 crore in FY24. In Q4 FY25 alone, revenue crossed Rs 400 crore for the first time, reaching Rs 430 crore (up 15% YoY) with PAT of Rs 108 crore. Product/license revenue surged 41% YoY to Rs 314 crore, while annuity revenue streams stood at Rs 834 crore. The company added 62 new customers and expanded its large customer base (Rs 5+ crore billing) to 87 from 65, with strong deal wins in the US region.
Strong double-digit growth in both revenue and profit, expansion of high-value customers, and a declared dividend of Rs 5 per share signal healthy business momentum. The results are likely to be viewed positively by investors, though the focus on AI investments may draw some near-term margin scrutiny.