Shares of Newgen Software program Applied sciences Ltd skyrocketed 9% on Thursday, 5 June 2025, following the announcement of a $2.5 million worldwide settlement.
In an change submitting, Newgen Software program mentioned, “That is to tell you that we now have acquired and accepted an Award from a buyer for the procurement of Enterprise Workflow & Content material Administration System. The combination worth of the aforesaid Award is $2,500,372 (USD two million 5 hundred thousand 300 seventy-two).”
The order includes the availability of the corporate’s software program in addition to its set up for patrons’ digital transformation throughout a number of areas of enterprise. Newgen Software program acknowledged that the deal is for five years.
Newgen Software program Applied sciences reported a 2.8% YoY enhance in consolidated web revenue to Rs 108.3 crore in Q4FY25, pushed by robust gross sales progress in abroad markets. Final 12 months’s Q4FY24 earnings had been Rs 105.26 crore.
Diwakar Nigam, chairman and managing director of Newgen Software program Applied sciences, mentioned, “Progress was pushed by robust license and implementation revenues throughout markets. Our giant buyer base, with billing of over Rs 5 crore, elevated to 87 clients from 65 clients final 12 months. The quarter particularly witnessed robust progress and deal wins within the US area.”
About Newgen Software program Applied sciences Ltd
Newgen Software program Applied sciences is a software program agency that specialises in digital transformation by way of its flagship platform, NewgenONE. To streamline firm operations, the platform integrates revolutionary applied sciences corresponding to synthetic intelligence, low-code growth, and cloud computing.
Newgen allows organisations to enhance operational effectivity, agility, and compliance by focusing closely on course of automation, content material administration, and communication enhancement.
Newgen caters to a variety of companies, together with banking, insurance coverage, and authorities, with scalable, AI-enabled options suited to sector-specific necessities.
Its world buyer base advantages from a unified platform that gives speedy utility growth, clever automation, and seamless integration, permitting organisations to rapidly and exactly assemble content-centric, customer-facing apps.
At 1:37 pm, the shares of Newgen Software program had been buying and selling 1.07% increased at Rs 1,237.60 on NSE.
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