Newgen Software Technologies consolidated net profit rises 8.88% in the March 2022 quarter

Sales rise 15.72% to Rs 231.42 crore

Net profit of Newgen Software Technologies rose 8.88% to Rs 57.41 crore in the quarter ended March 2022 as against Rs 52.73 crore during the previous quarter ended March 2021. Sales rose 15.72% to Rs 231.42 crore in the quarter ended March 2022 as against Rs 199.98 crore during the previous quarter ended March 2021.

For the full year,net profit rose 29.83% to Rs 164.21 crore in the year ended March 2022 as against Rs 126.48 crore during the previous year ended March 2021. Sales rose 15.81% to Rs 778.96 crore in the year ended March 2022 as against Rs 672.62 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales231.42199.98 16 778.96672.62 16 OPM %29.1533.19 -24.9928.53 - PBDT71.0370.12 1 221.08201.32 10 PBT66.0865.05 2 203.45181.17 12 NP57.4152.73 9 164.21126.48 30

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