Newgen stays Ahead of What's Ahead, investing in AI, Automation, and Enterprise Innovation to Orchestrate Intelligent Enterprises
NEW DELHI, July 16, 2026 /PRNewswire/ -- Newgen Software Technologies Ltd. today announced its financial results for the first quarter ended June 30, 2026, continuing to execute its strategy of helping organizations Orchestrate Intelligent Enterprises.
Key Highlights- Q1 FY'27 v/s Q1 FY'26
Revenue Rs 357 Cr (11% Q1 YoY Growth)
Annuity Revenue Rs 254 Cr (14% Q1 YoY Growth)
Profit after Tax Rs 63 Cr (26% Q1 YoY Growth)
US Geography Revenue Rs 92 Cr (27% Q1 YoY Growth)
Commenting on the Company's performance, Mr. Diwakar Nigam Chairman & Managing Director, Newgen Software Technologies Ltd., said: "Our Q1 FY'27 performance reflects resilient execution, with revenue up 11% YoY, robust profitability, strength of our annuity revenue model and global customer demand. As enterprises increasingly adopt unified platforms powered by AI, automation, content, and workflows, Newgen remains focused on helping them Orchestrate Intelligent Enterprises at scale with its AI enabled solutions. During the quarter, we continued to strengthen our unified platform, with AI deeply embedded across content, processes, applications, and enterprise workflows, while expanding our enterprise agent orchestration capabilities and industry-specific innovations.
Our strategy has always been to stay Ahead of What's Ahead, investing early in the technologies and capabilities that will shape the future of enterprise transformation. With our strengthened leadership, differentiated platform, and clear strategic roadmap, we are well positioned to drive innovation, deepen customer relationships, expand globally, and deliver sustained value."
Mr. Virender Jeet, Chief Executive Officer, Newgen Software Technologies Ltd, said: "We have delivered a healthy start to FY'27, with Revenue growing at 11% YoY and Profit After Tax growing at 26%. Our SaaS and License Subscription revenues grew at 40% YoY to ₹60 crore, reflecting the continued strength of our recurring revenue business. During the quarter, we added 10 new customer logos, secured strategic wins across banking, insurance, and enterprise content management. We remain focused on disciplined execution, customer success, and delivering innovations that help enterprises accelerate their transformation journeys."
Key Consolidated Financial Highlights (Q1 FY'27)
Revenue from operations (consolidated) were at Rs 357 crores during the quarter, as compared to Rs 321 crores in Q1 FY'26, up 11.2% Q1 YoY