Newgen Software Technologies Limited has informed the Exchange that Record date for the purpose of Dividend is 17-Jul-2026.
NEWGEN · price
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On the reaction day the stock moved 6.8 pts more than Nifty Smallcap 250 and 6.4 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Newgen Software Technologies reported audited consolidated revenue of Rs 1,57,440 lakhs for FY2026, up 5.9% from Rs 1,48,688 lakhs in FY2025. However, consolidated net profit declined 4.7% to Rs 30,058 lakhs from Rs 31,524 lakhs in the prior year. On standalone basis, revenue grew 4.8% to Rs 1,41,993 lakhs while net profit fell 2.8% to Rs 28,520 lakhs. The Board recommended a final dividend of Rs 6 per share (60% on face value). Exceptional items include Rs 3,006 lakhs impact of Labour Codes and Rs 1,337 lakhs provision for legal claim. The 34th AGM will be held on July 24, 2026, with record date July 17, 2026 for dividend entitlement. Statutory auditors Walker Chandiok & Co LLP were reappointed for a second 5-year term.
The company showed revenue growth but faced profitability decline due to exceptional items and cost pressures. The dividend announcement is positive for shareholders, though the PAT decline may create near-term pressure on the stock price.