Reappointment of Internal Auditors of the Company
Awaiting price reaction for this filing.
Newgen Software Technologies reported its Q4 and full-year FY25 (ended 31 March 2025) audited financial results, with consolidated revenue from operations rising about 20% to Rs. 1,48,687.92 lakhs (from Rs. 1,24,382.86 lakhs in FY24) and net profit growing about 25% to Rs. 31,524.24 lakhs (from Rs. 25,160.50 lakhs). Diluted EPS stood at Rs. 21.89 for the year versus Rs. 17.50 last year, and the board recommended a final dividend of Rs. 5 per share (50% on face value of Rs. 10), subject to shareholder approval. The Board reappointed PricewaterhouseCoopers Services LLP as Internal Auditor for FY 2025-26 and appointed M/s Kundan Agrawal & Associates as Secretarial Auditor for five years from FY 2025-26 to FY 2029-30. The 33rd AGM is scheduled for 25 July 2025 with a record date of 18 July 2025, and statutory auditors Walker Chandiok & Co LLP issued an unmodified (clean) audit opinion on both standalone and consolidated results.
Strong double-digit growth in revenue and profit, along with a consistent dividend, is a positive signal for shareholders. Continued audit relationships and clean audit opinions provide comfort on governance and financial reporting quality.