Newgen Software Technologies Ltd press release, Q2 FY27
Annuity revenue rose 15% YoY to Rs 268 crore in Q2 FY27, with subscription revenue at Rs 150 crore, up 18%.
By ScoutQuest · · 1 min read
- Annuity Revenue
- Annuity revenue rose 15% YoY to Rs 268 crore in Q2 FY27
- Subscription Revenue
- subscription revenue at Rs 150 crore, up 18%
- AI Deal Wins
- booked 10 AI-based deals in H1 FY27 across banking and financial services and government
- Release
- Results press release
- Period
- Q2 FY27
_Consolidated · Q2 & H1 FY27_
📌 The company says it booked 10 AI-based deals in H1 FY27 across banking and financial services and government.
📌 Newgen is providing its Loan Management Solution to a leading life insurance company in India.
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Newgen Q2 FY27 revenue from operations up 5.4% to INR 4,222 Mn, PAT up 6.3% with 36.4% SaaS growth
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More numbers
- Revenue from operations, Q2 FY27Rs 422 Cr
- Profit after tax, Q2 FY27Rs 87 Cr
- PAT margin, Q2 FY2720.6%
- Annuity revenue, Q2 FY27Rs 268 Cr
- SaaS revenue, Q2 FY27Rs 63 Cr
- Subscription revenue, Q2 FY27Rs 150 crores
- EMEA revenue growth, Q2 FY2719.4%
- Americas revenue growth, Q2 FY2717.1%
- Enterprise customers added, Q2 FY279
- AI-based deal bookings, H1 FY2710
- US health insurer agreement valueUSD 5.5mn
- Qatar government deal valueUSD 1.8mn
- EMEA bank booking valueRs 11.4cr
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