Newgen Software Technologies Secures AED 5.31 Million Contract with UAE Government

1 min read     Updated on 04 Feb 2026, 03:41 PM
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Overview

Newgen Software Technologies Ltd has won a three-year contract worth AED 5.31 million with the UAE government for software licenses and support services. This significant deal strengthens the company's presence in the Middle East market and demonstrates government confidence in Newgen's technology solutions and service capabilities.

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Newgen software technologies Ltd has secured a substantial contract with the UAE government, highlighting the company's expanding footprint in the Middle East region. The three-year agreement represents a significant business development for the Indian software solutions provider.

Contract Details

The comprehensive deal encompasses both software licensing and ongoing support services, structured over a three-year implementation period.

Parameter: Details
Contract Value: AED 5.31 million
Duration: 3 years
Client: UAE Government
Services: Software licenses and support services

Strategic Significance

This contract win demonstrates Newgen Software Technologies' ability to secure high-value government contracts in international markets. The UAE government's selection of Newgen's solutions reflects confidence in the company's technology platform and service delivery capabilities.

The deal strengthens Newgen's position in the Middle East market, where government digitization initiatives continue to drive demand for enterprise software solutions. The three-year duration provides revenue visibility and establishes a foundation for potential future expansions within the UAE public sector.

Business Impact

The AED 5.31 million contract adds to Newgen's international revenue stream and supports the company's growth strategy in key overseas markets. Government contracts typically offer stable, long-term revenue opportunities with potential for renewal and expansion based on successful implementation and service delivery.

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Newgen Software Technologies Reports 23% QoQ Decline in Q3 Net Profit to ₹62.8 Crores

1 min read     Updated on 20 Jan 2026, 01:53 PM
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Reviewed by
Shriram SScanX News Team
Overview

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 Day5 Days1 Month6 Months1 Year5 Years
-1.16%-6.58%-33.29%-32.80%-48.34%+285.14%
Newgen Software Technologies
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