Newgen Software Technologies Q2 FY24 results: profit rise by 59.3% YOY
Newgen Software Technologies Q2 FY24 results: Revenue increased by 29.68% YoY & profit increased by 59.3% YoY
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Newgen Software Technologies Q2 FY24 results: Revenue increased by 29.68% YoY & profit increased by 59.3% YoY
If Nifty successfully surpasses 19,850 levels, we anticipate a potential upward movement towards levels of 19,990 and 20,100.
The company’s net profit was up 58 percent at Rs 47.8 crore versus Rs 30 crore quarter on quarter as well as year on year. The revenue was up 16.5 percent quarter on quarter at Rs 293.2 crore versus Rs 251.7, while it was up 30 percent year on year.
Behind the scenes, the technology relies on thousands of specialized computer chips.
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