Newgen Q1 net profit rises to ₹62.82 cr, revenue at ₹356.68 cr
Board approves unaudited results; also authorises incoming CEO Tarun Nandwani for disclosure materiality from August 1.
— 4 earlier stories on Newgen Software Technologies Ltd. →What's new
- Board approved Q1FY27 results: consolidated revenue ₹356.68 cr, net profit ₹62.82 cr.
- Revenue up from ₹320.65 cr; net profit up from ₹49.72 cr in Q1FY26.
- Incoming CEO Tarun Nandwani, CFO Arun Kumar Gupta, and CS Aman Mourya authorised to determine materiality for disclosures from August 1.
Why this matters
The double-digit revenue growth and faster profit increase show Newgen is executing well even as it navigates a CEO transition. The results come after a period of founder-CMD unavailability exceeding 45 days; the new CEO will inherit a governance overhang that the numbers alone do not resolve.
What we're watching
- How Tarun Nandwani manages disclosure practices starting August 1.
- Whether the CMD's absence extends beyond the 90-day period and forces additional board action.
- Sustained momentum in coming quarters given the strong base.
The full read
Newgen Software Technologies posted a steady quarter. Consolidated revenue rose to ₹356.68 crore from ₹320.65 crore a year earlier. Net profit climbed to ₹62.82 crore from ₹49.72 crore. The board also cleared an administrative handover: incoming CEO Tarun Nandwani, along with the CFO and CS, will determine materiality and exchange disclosures from August 1. The results themselves are routine, but they come against the backdrop of a founder-CMD absence exceeding 45 days. That governance overhang is the open question the new CEO will inherit. For now, the numbers show a business delivering growth and faster profit expansion even during transition.
Questions answered
- How did Newgen's Q1 revenue and profit compare to last year?
- Consolidated revenue rose to ₹356.68 crore from ₹320.65 crore in the year-ago quarter. Net profit increased to ₹62.82 crore from ₹49.72 crore.
- What are the standalone results for Q1?
- Standalone revenue was ₹304.36 crore and profit after tax was ₹59.77 crore.
- Who are the newly authorised executives for materiality disclosures?
- Incoming CEO Tarun Nandwani, CFO Arun Kumar Gupta, and company secretary Aman Mourya have been authorised to determine materiality of events and make exchange filings starting August 1, 2026.
- Does this filing address the status of the CMD's absence?
- No. This filing covers only Q1 results and the administrative KMP authorisation. The CMD's unavailability was previously disclosed on June 30, 2026 and is not mentioned here.
Newgen Software Technologies Ltd.
Latest quarter · Jun 2026
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All notes on NEWGEN →- 16 Jul 2026 · 12:50 PM IST Newgen Q1 net profit rises to ₹62.82 cr, revenue at ₹356.68 cr
- 4d ago Newgen Q1: SaaS surges 40%, Europe projects stall 25%
- 4d ago Newgen Q1 SaaS revenue jumps 40%, net profit rises 26%
- 4d ago Newgen Q1 net profit rises 26% to ₹62.82 cr, revenue up 11% YoY
- 20d ago Newgen's founder-CMD has been out for over 45 days