Newgen Software reports strong Q2 FY’26 results, revenue up 11%
Newgen Software Technologies Limited announced an 11% year-over-year revenue increase to INR 4,008 million for Q2 FY’26, with profit after tax rising 16% to INR 817 million, representing a 20.4% PAT margin. Subscription revenues grew by 20% year-over-year, contributing to total annuity revenue streams of INR 234 crores. The company reported 15 new customer logo additions during the quarter, reflecting expanded market traction.
Key strategic wins included a £3 million enterprise content and customer communication management platform project in the UK, a €4.2 million cloud-based records management platform contract in Europe, and a $5.6 million loan management system implementation in Ghana. The company also secured a $1.6 million deal for its enterprise content management system in the Americas and a $2.6 million agreement for software subscriptions with a US healthcare provider.
In India, Newgen was awarded a ₹21.24 crore deal for a policy administration system and an ₹8.9 crore deal for its BPM platform. The company continues to be recognized by leading analysts, including being named a "Strong Performer" in the Forrester Wave Digital Process Automation Software, Q3 2025, and included in Forbes Asia's "Best Under a Billion" for the second consecutive time.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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