Newgen Software Technologies Secures $2 Million International Order, Shares Surge
Newgen Software Technologies has won a $2.00 million (Rs 21.48 crore) contract from an international client for Enterprise Workflow and Content Management System. The five-year deal includes product supply and implementation for digital transformation. Following the announcement, Newgen's shares rose over 9% in the stock market.
04Jun 25
Newgen Software Technologies Secures $2.5 Million International Order for Digital Transformation
Newgen Software Technologies Ltd has won a $2.5 million international contract for its Enterprise Workflow and Content Management System. The five-year deal includes licensing, implementation, and support services, aimed at facilitating digital transformation for an overseas client across multiple business lines. This contract is expected to boost Newgen's revenue, enhance market confidence, and showcase its expertise in digital transformation solutions.
Newgen Software's Saudi Arm Clinches $1.63M International Deal
Newgen Software Technologies Limited has won a $1.63 million (₹13.5 crore) international contract through its Saudi Arabian subsidiary. The deal involves software services and highlights Newgen's expanding presence in the Middle East's digital transformation market. While specific details about the client and services remain undisclosed, this contract win demonstrates Newgen's competitive edge in global markets and its potential for further growth in the region.
19May 25
Newgen Software Technologies Secures Data Compression Patent, Bolstering IP Portfolio
Newgen Software Technologies has been granted a patent in India for its innovative data compression system and method. This patent is part of the company's growing intellectual property portfolio, which now includes 25 granted patents out of 55 total filings across India and the United States. The new technology is expected to enhance Newgen's data management capabilities, potentially improving its product offerings, competitive position, and market value in the digital transformation sector.
16May 25
Newgen Software Technologies Secures Patent for Data Compression System in India
Newgen Software Technologies has been granted a patent in India for its system and method of data compression. This adds to the company's portfolio of 55 filed patents, with 25 already granted in India and the US. The new technology is expected to enhance Newgen's product offerings, potentially improving data management, storage efficiency, and transfer speeds. This achievement strengthens Newgen's position in the digital transformation market and could lead to new product development opportunities and revenue streams.
02May 25
Newgen Software Reports Strong Q4 and FY25 Results, Declares Dividend, and Grants ESOPs
Newgen Software Technologies Limited announced robust financial results for Q4 and FY25, with revenue growing 19.5% to ₹1,486.80 crore and profit increasing 20.5% to ₹315.20 crore for the full year. The company declared a dividend of ₹5.00 per share and approved a new ESOP grant of 93,300 options at an exercise price of ₹888.00 per share, with a four-year vesting schedule.
01Apr 25
Newgen Software's US Subsidiary Secures $1.27 Million International Deal
Newgen Software Technologies Limited's US subsidiary, Newgen Software Inc., has secured a $1.27 million (₹10.55 crore) contract with an international customer. The agreement spans 3 years and is expected to boost the company's revenue stream. This deal marks a significant step in Newgen's global expansion strategy and demonstrates its ability to compete in the international software market. The company confirmed that the transaction is not a related party deal and involves no promoter interests.
30Mar 25
Newgen Software Technologies: Subsidiary Secures $1.58 Million Order, Company Reports Strong Q3 Results
Newgen Software Technologies Limited's subsidiary in Singapore secured an international order worth $1.58 million USD. The company reported impressive Q3 FY2024 results with revenue growing 18% to ₹381.00 crore, EBITDA surging 40.2% to ₹107.80 crore, and net profit reaching ₹89.00 crore. Additionally, Newgen obtained a domestic order for a Centralized Trade Finance solution valued at ₹35.30 crore.
27Mar 25
Newgen Software Technologies Secures $1.3 Million International Order for Enterprise Content Management Solution
Newgen Software Technologies Limited has won a new international order worth $1,285,074 for its Enterprise Content Management (ECM) solution. The contract, spanning 5 years, is with an undisclosed international customer and is not a related party transaction. This order demonstrates Newgen's growing presence in the global enterprise software market and could potentially boost the company's revenue and market position.
26Mar 25
Newgen Software Technologies Secures $1.3 Million International Order for Enterprise Content Management Solution
Newgen Software Technologies Limited has won a new international order worth approximately $1.3 million for its Enterprise Content Management (ECM) solution. The contract, valued at $1,285,074.00 including taxes, spans a 5-year duration. This order signifies Newgen's expanding global presence and expertise in providing advanced software solutions for business process management. The company confirmed that this is not a related party transaction and neither the promoter, promoter group, nor group companies have any interest in the entity awarding the contract.
27Feb 25
Newgen Software Inc. Secures 17 Crore Rupee Contract with US Client, Expanding Global Footprint
Newgen Software Inc., a US-based subsidiary of Newgen Software Technologies Limited, has signed a $2.1 million (approx. 17 crore rupees) contract with a prominent US client. The three-year agreement, effective from February 26, 2025, marks a significant expansion in Newgen's international operations. The company has clarified that this is not a related party transaction and that promoters have no interest in the client entity. Additionally, Newgen will participate in the UBS Emerging India Mid-Caps Corporate Day in Singapore on March 7, 2025.