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Newgen Software Q3FY25 Result Update by rbagri is a document available to read on EtoBox.

What is Newgen Software Q3FY25 Result Update about?

Newgen Software reported a revenue growth of 6% QoQ and 18% YoY to ₹381.1 crore in Q3FY25, driven by strong license revenue growth of 70% YoY. The company maintains a positive outlook, aiming for a CAGR of 24% in revenue between FY24-27 and targeting a revenue of $500 million in the next 3-4 years. Despite challenges in the Indian market, management remains optimistic about sustaining over 20% revenue growth, supported by strong deal velocity and expansion into new sectors like healthcare.

Author

rbagri

Language

EN