Latest news with #NewgenSoftware
Finextra
06-08-2025
- Business
- Finextra
How To Handle AI Scepticism As A Banking Leader
Speaking to FinextraTV, Runki Goswami, Global Marketing Head & CMO at Newgen Software, and Varun Ghai, Associate Vice President (P&S), UK & EU, Newgen software discuss the use of AI and technology in banking against a backdrop of heightened customer needs. Explaining the different elements that are now available to banks, Goswami and Ghai also help to define what good leaders look like in this new era of technological change and scepticism.
Time of India
21-07-2025
- Business
- Time of India
Newgen Software shares slide over 16% in three days after weak Q1 earnings
Shares of Newgen Software have declined more than 16% in the past three sessions following the company's weaker-than-expected Q1FY26 results . On Monday, the stock fell 4.8% to Rs 916.8 on the BSE. Newgen Software Q1 performance Explore courses from Top Institutes in Select a Course Category Healthcare Degree Cybersecurity PGDM Management Leadership Project Management Data Science MCA Others Digital Marketing Finance Artificial Intelligence Product Management CXO Data Science Public Policy others Design Thinking MBA Skills you'll gain: Financial Analysis in Healthcare Financial Management & Investing Strategic Management in Healthcare Process Design & Analysis Financial Analysis in Healthcare Financial Management & Investing Strategic Management in Healthcare Process Design & Analysis Duration: 12 Weeks Indian School of Business Certificate Program in Healthcare Management Starts on Jun 13, 2024 Get Details Skills you'll gain: Financial Analysis in Healthcare Financial Management & Investing Strategic Management in Healthcare Process Design & Analysis Duration: 12 Weeks Indian School of Business Certificate Program in Healthcare Management Starts on Jun 13, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Newgen reported a consolidated net profit of Rs 49.72 crore for the April–June quarter, up 4.5% year-on-year from Rs 47.57 crore. However, on a sequential basis, profit slumped 54% from Rs 108 crore in Q4FY25. Revenue from operations rose just 2% YoY to Rs 321 crore but dropped over 25% from Rs 430 crore in the preceding quarter. Operating performance also took a hit, with Ebitda falling 6% YoY to Rs 45 crore. The Ebitda margin declined to 14% from 15% a year ago, impacted by higher employee benefit expenses and increased finance costs. Live Events Among key markets, revenue from the India business showed a slight YoY increase but declined sharply from the March quarter. Revenue from Europe fell to Rs 103.4 crore from Rs 138.56 crore QoQ. APAC revenue remained flat YoY at Rs 49.9 crore but declined from Rs 69.2 crore in Q4FY25. Similarly, revenue from the US market was flat YoY but lower sequentially. Also Read: Apollo Tyres, Brigade Enterprises among 10 small-cap stocks trading below industry PE; may rally up to 43% Newgen Software share price target According to Trendlyne, the average target price for Newgen Software is Rs 1,091, suggesting an upside potential of nearly 18% from current levels. Of the five analysts covering the stock, the consensus rating is 'Buy'. Newgen Software shares have dropped 29% over the past six months and are down 46% so far this year. The company's current market capitalisation stands at Rs 13,058 crore. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Economic Times
18-07-2025
- Business
- Economic Times
Newgen Software shares fall over 11% in two days after weak Q1 results
Shares of Newgen Software have dropped more than 11% over the past two sessions following the company's disappointing Q1FY26 earnings. On Friday, the stock fell nearly 6% to Rs 968 on BSE. ADVERTISEMENT Newgen Software reported a consolidated net profit of Rs 49.72 crore for the April–June quarter, marking a modest 4.5% year-on-year increase from Rs 47.57 crore. However, on a sequential basis, profit fell sharply by 54% from Rs 108 crore in Q4FY25. Revenue from operations grew just 2% YoY to Rs 321 crore but dropped over 25% compared to Rs 430 crore in the previous quarter. Also Read: Emami, Tube Investment among 10 mid-cap stocks analysts expect to gain up to 40% The company's operating performance also weakened. EBITDA declined 6% YoY to Rs 45 crore, while EBITDA margin narrowed to 14% from 15% a year ago. The decline was primarily attributed to higher employee benefit expenses and increased finance key markets, revenue from the India business showed a slight YoY increase but declined sharply from the March quarter. Revenue from Europe fell to Rs 103.4 crore from Rs 138.56 crore QoQ. ADVERTISEMENT APAC revenue remained flat YoY at Rs 49.9 crore but declined from Rs 69.2 crore in Q4FY25. Similarly, revenue from the US market was flat YoY but lower sequentially. Also Read: 9 undervalued mid-cap stocks with upside potential of up to 23% ADVERTISEMENT Newgen Software share price target According to Trendlyne, the average target price for Newgen Software is Rs 1,186, indicating a potential upside of nearly 22% from current levels. Of the four analysts tracking the stock, the consensus rating is 'Buy'. Also Read: SBI, Federal Bank among 11 banks that saw NPA improvement in Q4 (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
18-07-2025
- Business
- Time of India
Newgen Software shares fall over 11% in two days after weak Q1 results
Shares of Newgen Software have dropped more than 11% over the past two sessions following the company's disappointing Q1FY26 earnings. On Friday, the stock fell nearly 6% to Rs 968 on BSE. Newgen Software Q1 performance Explore courses from Top Institutes in Select a Course Category Cybersecurity Data Analytics Digital Marketing Leadership Design Thinking Operations Management Degree CXO Management healthcare Finance MCA Project Management Data Science MBA Data Science Artificial Intelligence Public Policy others Healthcare Product Management Others Technology Skills you'll gain: Duration: 10 Months MIT xPRO CERT-MIT xPRO PGC in Cybersecurity Starts on undefined Get Details Newgen Software reported a consolidated net profit of Rs 49.72 crore for the April–June quarter, marking a modest 4.5% year-on-year increase from Rs 47.57 crore. However, on a sequential basis, profit fell sharply by 54% from Rs 108 crore in Q4FY25. Revenue from operations grew just 2% YoY to Rs 321 crore but dropped over 25% compared to Rs 430 crore in the previous quarter. Also Read: Emami, Tube Investment among 10 mid-cap stocks analysts expect to gain up to 40% The company's operating performance also weakened. EBITDA declined 6% YoY to Rs 45 crore, while EBITDA margin narrowed to 14% from 15% a year ago. The decline was primarily attributed to higher employee benefit expenses and increased finance costs. Among key markets, revenue from the India business showed a slight YoY increase but declined sharply from the March quarter. Revenue from Europe fell to Rs 103.4 crore from Rs 138.56 crore QoQ. APAC revenue remained flat YoY at Rs 49.9 crore but declined from Rs 69.2 crore in Q4FY25. Similarly, revenue from the US market was flat YoY but lower sequentially. Also Read: 9 undervalued mid-cap stocks with upside potential of up to 23% Newgen Software share price target According to Trendlyne, the average target price for Newgen Software is Rs 1,186, indicating a potential upside of nearly 22% from current levels. Of the four analysts tracking the stock, the consensus rating is 'Buy'. Also Read: SBI, Federal Bank among 11 banks that saw NPA improvement in Q4 ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business Upturn
18-07-2025
- Business
- Business Upturn
Newgen Software shares drop 5% after Jefferies downgrade to ‘Underperform', cuts target price to Rs 835
By Aman Shukla Published on July 18, 2025, 09:50 IST Shares of Newgen Software fell 5% in Friday's trade after global brokerage Jefferies downgraded the stock to 'Underperform' from 'Hold' , slashing its target price to ₹835 from ₹965. As of 9:48 AM, the shares were trading 5.04% lower at Rs 973.90. While the company's Q1 profit came in ahead of estimates, revenue disappointed, dragged by a sharp fall in licence and implementation sales. Jefferies highlighted rising client caution and weaker deal activity as key concerns clouding Newgen's growth visibility. The brokerage expects margins to remain steady near 25%, but flagged limited upside potential amid a sluggish demand environment. Newgen Software Q1 Results Newgen Software Technologies reported a weak Q1 FY26, with sequential declines across key metrics, though year-on-year growth remained modest. Revenue from operations fell 25% QoQ to ₹321 crore, but rose 2% YoY. Total income dropped 21% sequentially to ₹350 crore. EBITDA stood at ₹45 crore, sharply down from ₹137 crore in the previous quarter, with margins contracting to 14.03% from 31.9%. Profit before tax came in at ₹64 crore, down 55% QoQ, while net profit dropped 54% to ₹50 crore from ₹108 crore in Q4. However, net profit rose 4% YoY. Total comprehensive income stood at ₹52.74 crore, compared to ₹110.26 crore in Q4 and ₹50.35 crore in Q1 FY25. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
