Newgen Software Technologies Limited has informed the Exchange regarding allotment of 53600 securities pursuant to ESOP/ESPS at its meeting held on July 17, 2025
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Newgen Software Technologies announced two key updates from its board meeting on July 17, 2025. First, the company approved its unaudited Q1 FY26 financial results, reporting consolidated revenue from operations of Rs. 32,065.63 lakhs (up ~1.9% from Rs. 31,471.93 lakhs in Q1 FY25) and a consolidated net profit of Rs. 4,972.06 lakhs (up ~4.5% YoY from Rs. 4,756.98 lakhs). Standalone net profit grew ~14.9% to Rs. 4,869.44 lakhs. Basic consolidated EPS stood at Rs. 3.55. Second, the board allotted 53,600 equity shares of Rs. 10 face value to the Newgen ESOP Trust under the Newgen ESOP Scheme 2022, raising the paid-up capital from Rs. 141.63 crore to Rs. 141.68 crore. Additionally, 93,300 new ESOP options were granted to employees on May 1, 2025, and a Rs. 5.00 per share dividend for FY25 awaits shareholder approval.
Modest YoY revenue growth with stronger profit growth reflects stable operating performance. The small ESOP allotment (53,600 shares) is routine and only marginally dilutes equity; no significant impact on share price expected.