Newgen Software Technologies Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report for the Financial Year 2024-25'.
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Awaiting price reaction for this filing.
Newgen Software Technologies has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25, which is part of its annual report submission to the exchanges. The company reported a turnover of ₹1,35,435.39 lakhs and a net worth of ₹1,41,310.66 lakhs, with 99% of revenue coming from software and IT services. It has 4,457 employees (25.5% female, up from 24.3% last year), 17 offices across India, and earns 66% of revenue from exports across 77 countries. Key material ESG topics identified include climate change, diversity and inclusion, employee engagement, data privacy, and corporate governance. The report notes no regulatory fines, no safety incidents, no fatalities, and 100% coverage of permanent employees under health insurance and other benefits.
This is a routine SEBI-mandated disclosure with no new financial action or event, so it is unlikely to move the stock price on its own. It does confirm stable ESG practices, a growing female workforce, and strong employee welfare coverage, which are positive governance signals for long-term investors.