Newgen Software Aims To Maintain 20-23% Growth Momentum Going Ahead
  • WebDesk BTVI
  • Jul 25 2019

Newgen Software posted a 21 per cent year-on-year decline in profit to Rs 3.1 crore in the June quarter, due to a significant decrease in foreign exchange gains. The company’s revenue was up 23 per cent at Rs 131 crore. Speaking to BTVI, Virender Jeet, Senior VP at Newgen Software, said the firm witnessed good overall growth across segments, and is expecting good sales growth this year. He said the company is aiming to maintain 20-23 per cent growth momentum going ahead.