Newgen Software reports weaker performance in its latest quarter, with both revenue and net profit declining compared with the preceding quarter. According to NDTV, the company’s revenue falls 21.2% quarter-on-quarter to Rs 357 crore, down from Rs 453 crore in the previous quarter. Net profit also declines, dropping 41% QoQ. The reported results indicate a slowdown in the quarter under review relative to the immediate prior period. The available information focuses on quarter-on-quarter changes in topline and profitability and does not provide details on underlying segment performance, guidance, or year-on-year trends. Based on the figures cited, the company’s financial results show a contraction in both sales and bottom-line earnings on a sequential basis. No additional sources or corroborating figures are provided here beyond the single report, so other aspects of the quarter’s performance are not addressed.
Newgen Software reports Q1 net profit decline and revenue drop
Newgen Software reports weaker performance in its latest quarter, with both revenue and net profit declining compared with the preceding quarter. According to NDTV, the company’s revenue falls 21.2% q...
- Newgen Software’s Q1 revenue declines 21.2% quarter-on-quarter to Rs 357 crore.
- Revenue is Rs 453 crore in the previous quarter.
- Newgen Software’s Q1 net profit declines 41% quarter-on-quarter.
- The reported figures refer to performance in the quarter under review compared with the preceding quarter.
The topline, or revenue, slipped 21.2% QoQ to Rs 357 crore in the quarter under review, as against Rs 453 crore in the previous quarter.
5 hours agoThe topline, or revenue, slipped 21.2% QoQ to Rs 357 crore in the quarter under review, as against Rs 453 crore in the previous quarter.
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