Newgen Software Technologies Reports 23% QoQ Decline in Q3 Net Profit to ₹62.8 Crores
Newgen Software Technologies reported consolidated net profit of ₹62.8 crores in Q3, down 23.13% from the previous quarter's ₹81.7 crores. The quarter-on-quarter decline of ₹18.9 crores reflects challenges in the company's recent quarterly performance. These consolidated results provide stakeholders with key insights into the software technology company's financial health during the third quarter reporting period.

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Newgen Software Technologies has reported its third quarter consolidated financial results, showing a net profit of ₹62.8 crores, representing a decline from the previous quarter's performance of ₹81.7 crores.
Quarterly Financial Performance
The company's consolidated net profit figures demonstrate a quarter-on-quarter comparison that highlights the recent performance trajectory. The financial results provide insight into the company's operational efficiency during the third quarter period.
| Financial Metric: | Q3 Results | Previous Quarter | Change |
|---|---|---|---|
| Consolidated Net Profit: | ₹62.8 crores | ₹81.7 crores | -23.13% |
Performance Analysis
The quarter-on-quarter comparison reveals a decrease of ₹18.9 crores in consolidated net profit, translating to a 23.13% decline. This performance metric serves as a key indicator of the company's financial health and operational effectiveness during the reporting period.
The consolidated results encompass the overall performance of Newgen Software Technologies and its subsidiaries, providing stakeholders with a comprehensive view of the organization's financial standing. The quarterly results reflect the company's performance in the software technology sector during this specific reporting period.
Market Context
The reported figures represent the company's consolidated financial performance, which includes contributions from all business segments and subsidiaries. These results provide investors and analysts with essential data points for evaluating the company's quarterly performance trends and financial trajectory in the competitive software technology landscape.
Historical Stock Returns for Newgen Software Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -14.73% | -20.18% | -24.31% | -34.87% | -59.94% | +104.40% |













































