Newgen Software Technologies Limited announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The Board of Directors, in a meeting held on July 16, 2026, approved these results. Additionally, the Board authorized key managerial personnel to determine the materiality of events and make necessary disclosures to stock exchanges, effective August 1, 2026.
Newgen Software Technologies Announces Quarterly Financial Results
Newgen Software Technologies Limited has officially announced its unaudited standalone and consolidated financial results for the first quarter that concluded on June 30, 2026. The company’s Board of Directors convened on July 16, 2026, to consider and approve these financial statements.
Key Financial Highlights
The reported financial results for the quarter ended June 30, 2026, indicate the company’s performance during this period. The consolidated revenue from operations stood at ₹35,668.37 lakhs, with a net profit of ₹6,282.11 lakhs. For the standalone results, revenue from operations was ₹30,435.71 lakhs, and the net profit was ₹5,977.46 lakhs.
Authorization of Key Personnel
In a significant administrative update, Newgen Software Technologies Limited also announced a change in the authorization of its Key Managerial Personnel. Effective from August 1, 2026, specific individuals have been authorized to determine the materiality of events or information and to make necessary disclosures to the stock exchanges. This measure aligns with regulatory requirements and ensures timely and accurate communication with stakeholders.
The authorized personnel include Mr. Tarun Nandwani (Chief Executive Officer), Mr. Arun Kumar Gupta (Chief Financial Officer), and Mr. Aman Mourya (Company Secretary & Compliance Officer). This delegation of authority is crucial for maintaining compliance and transparency in corporate governance.
Auditor’s Review
Independent auditors, Walker Chandiok & Co LLP, have conducted a limited review of both the consolidated and standalone unaudited quarterly financial results. Their review reports, dated July 16, 2026, conclude that based on their review procedures, nothing has come to their attention to suggest that the accompanying financial statements are not presented in accordance with the applicable accounting principles and disclosure requirements, and that they do not contain any material misstatement.
Source: BSE
