Newgen Software Technologies Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
October 17, 2023 at 04:03 am EDT
Newgen Software Technologies Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 2,932.37 million compared to INR 2,261.18 million a year ago. Revenue was INR 3,025.74 million compared to INR 2,327.04 million a year ago. Net income was INR 477.86 million compared to INR 299.97 million a year ago. Basic earnings per share from continuing operations was INR 3.43 compared to INR 2.175 a year ago. Diluted earnings per share from continuing operations was INR 3.36 compared to INR 2.165 a year ago.
For the six months, sales was INR 5,449.08 million compared to INR 4,140.14 million a year ago. Revenue was INR 5,667.51 million compared to INR 4,307.36 million a year ago. Net income was INR 779.88 million compared to INR 497.61 million a year ago. Basic earnings per share from continuing operations was INR 5.595 compared to INR 3.575 a year ago. Diluted earnings per share from continuing operations was INR 5.48 compared to INR 3.56 a year ago.