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28th Oct · SEBI-Registered Analyst

NEWGEN SOFTWARE

NEWGEN
reported results for the July to September quarter on Tuesday, October 28, which saw an improvement across parameters on a sequential basis. The stock, in response to the result, has jumped over 11%. Net profit for the September quarter increased by 64% on a quarter-on-quarter basis to ₹82 crore from ₹50 crore in June, while its revenue went up to ₹401 crore from ₹321 crore, implying a 25% growth from the previous quarter.

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