NEWGEN Q2 : CONS NET PROFIT UP 6% AT ₹87 CR (YOY); WINS $5.5 MN US HEALTH INSURANCE DEAL

• Revenue up 5% at ₹422 Cr (YOY); annuity revenue up 15% at ₹268 Cr. • PAT margin at 20.6%; employee costs 45% of revenue v 47% (YOY). • SaaS revenue up 36% at ₹63 Cr; EMEA up 19.4% and Americas up 17.1% (YOY). • Order wins include USD 5.5 mn US health insurance deal and ₹11.4 Cr EMEA bank upgrade.

Newgen Software Technologies Ltd

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