Newgen reports Revenue of ₹357 crores in Q1 FY'27, up 11% Q1 YoY; Profit After Tax at ₹63 crores, up 26% Q1 YoY
Newgen Software Technologies reported an 11% year-over-year revenue growth and a 26% increase in profit after tax for the first quarter of fiscal year 2027. The company attributes this performance to strong demand for its AI-enabled enterprise automation platforms.
Why it matters
The results highlight the growing corporate adoption of AI and automation tools in the banking and insurance sectors.
Newgen stays Ahead of What's Ahead, investing in AI, Automation, and Enterprise Innovation to Orchestrate Intelligent Enterprises
The content is a standard financial reporting summary based on company press releases.
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