Board approves FY26 results, Rs.6 dividend, auditor re-appointments
NEWGEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Newgen Software's board approved FY26 audited results. Consolidated revenue grew to Rs.1,574 crore from Rs.1,487 crore, but net profit dipped to Rs.300.6 crore from Rs.315.2 crore due to exceptional items (Labour Code impact Rs.30 crore, legal claim provision Rs.13.4 crore). EPS stood at Rs.21.38. Board recommended a final dividend of Rs.6/share (60%). PwC re-appointed as internal auditors; Walker Chandiok re-appointed as statutory auditors for a second 5-year term, pending shareholder approval. 34th AGM set for July 24, 2026; record date July 17, 2026.
Steady revenue growth and healthy 60% dividend are positives; profit dip due to one-time charges may temper near-term sentiment.