New Delhi, India –May 2, 2025: The management of Newgen Software Technologies Ltd. announced results for the year and quarterended March31, 2025 at its Board Meeting held on May 2, 2025.
Commenting on the Company’s performance, Diwakar Nigam, Chairman & Managing Director, Newgen Software Technologies Ltd. said – “FY’25 was a year of healthy revenue growth and margin expansion for Newgen. Growth was driven by strong license and implementation revenues across markets. Our large customer base, with billing of over Rs 5 crores, increased to 87 customers from 65 customers last year.The quarter specifically witnessed strong growth and deal wins in the US region.Looking ahead, we see strong momentum building across our business and are energized by the growth prospects ahead”
“Newgen continues to accelerate its AI-first strategy with significant investments in AI-driven products and solutions. This year, we have launched groundbreaking AI agents – Lumyn, Harper, and Marvin – which have already demonstrated their potential through several promising and viable use cases. We anticipate further growth and innovation in AI-led journeys as we build upon these successes." said Virender Jeet, CEO, Newgen Software.
Key Consolidated Financial Highlights (FY’25)
Revenue from operations (consolidated) witnessed a strong growth of 20% YoY, reaching Rs 1,487crore as compared to Rs 1,244crore inFY’24 driven by strong license and implementation revenues.
Annuity revenue streams (ATS/AMC, support, and cloud/SaaS and Subscription license) were atRs 834crores
Revenue from the sale of products/license were at Rs 314 crores, witnessing a growth of 41% YoY
Revenue from Implementation and others were at Rs 339 crores
Profit after tax stood at Rs 315crore during the year, up 25% YoY compared to Rs 252 crore in FY’24.
Key Consolidated Financial Highlights (Q4FY’25)
Revenue from operations (consolidated) at Rs 430crores as compared to Rs 375crores in Q4FY’24, up 15% Q4YoYdriven by strong growth in APAC and US region.
Total annuity revenue streams (ATS/AMC, support, cloud/SaaS and subscription license) at Rs 219crores.
Revenue from products grew by 31% Q4 YoY to reach Rs 97crores.
Profit after tax at Rs 108crores during the quarter.
Key Business Highlights (Q4 FY’25)
Growing large customer base - 87 customers with over Rs 5 crores billing during the year compared to 65 in FY’24.
62new customer logo addition during the year
Recognized as a “Leader” in The Forrester Wave™: Content Platforms, Q1 2025, second time in a row.
Recognized by Forrester among notable vendors in ‘The Low-Code Platforms For Professional Developers Landscape, Q4 2024,’ report
Board has approved a Dividend of Rs 5per equity share
About Newgen
Newgen is the leading provider of an AI-first unified digital transformation platform with native process automation, content services, customer engagement, and AI/ML capabilities. Globally, successful enterprises rely on Newgen’s industry-recognized low code application platform to develop and deploy complex, content-driven, and customer-engaging business applications on the cloud. From onboarding to service requests, lending to underwriting, and for many more use cases across industries, Newgen unlocks simple with speed and agility.
