Newgen Software Technologies standalone net profit rises 34.37% in the March 2021 quarter

Sales rise 7.26% to Rs 183.82 crore

Net profit of Newgen Software Technologies rose 34.37% to Rs 50.00 crore in the quarter ended March 2021 as against Rs 37.21 crore during the previous quarter ended March 2020. Sales rose 7.26% to Rs 183.82 crore in the quarter ended March 2021 as against Rs 171.37 crore during the previous quarter ended March 2020.

For the full year,net profit rose 78.41% to Rs 117.59 crore in the year ended March 2021 as against Rs 65.91 crore during the previous year ended March 2020. Sales rose 5.71% to Rs 610.39 crore in the year ended March 2021 as against Rs 577.40 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales183.82171.37 7 610.39577.40 6 OPM %34.3927.21 -29.3616.20 - PBDT66.6152.29 27 188.20103.66 82 PBT61.8847.49 30 169.6985.58 98 NP50.0037.21 34 117.5965.91 78

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