NEWGEN2023-10-012023-12-31 NEWGEN2023-10-012023-12-31 NEWGEN2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member NEWGEN2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member NEWGEN2023-12-31 NEWGEN2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue01Member NEWGEN2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue02Member NEWGEN2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue03Member NEWGEN2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue04Member NEWGEN2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue01Member NEWGEN2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue02Member NEWGEN2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue03Member NEWGEN2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue04Member NEWGEN2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults01Member NEWGEN2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults02Member NEWGEN2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults03Member NEWGEN2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults04Member NEWGEN2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults01Member NEWGEN2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults02Member NEWGEN2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults03Member NEWGEN2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults04Member NEWGEN2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets01Member NEWGEN2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets02Member NEWGEN2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets03Member NEWGEN2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets04Member NEWGEN2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member NEWGEN2023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member NEWGEN2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member NEWGEN2023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member NEWGEN2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member NEWGEN2023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member NEWGEN2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities04Member NEWGEN2023-12-31in-bse-fin:OneReportableSegmentLiabilities04Member NEWGEN2023-10-012023-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member NEWGEN2023-10-012023-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member NEWGEN2023-10-012023-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member NEWGEN2023-10-012023-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss02Member NEWGEN2023-10-012023-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member NEWGEN2023-10-012023-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 540900 NEWGEN NOTLISTED Newgen Software Technologies Limited Equity 2023-04-01 2024-03-31 2024-01-16 2024-01-08 INR Lakhs Third quarter 12:40:00 12:50:00 2024-01-16 2024-01-16 Not applicable Geographical 2023-10-01 2023-12-31 Unaudited Consolidated 3236527000.00 111529000.00 3348056000.00 0.00 0.00 0.00 1584779000.00 13090000.00 69000000.00 881330000.00 2548199000.00 799857000.00 0.00 799857000.00 174692000.00 -58334000.00 116358000.00 0.00 683499000.00 0.00 0.00 0.00 0.00 683499000.00 12163000.00 695662000.00 683499000.00 0.00 695662000.00 0.00 698665000.00 10 4.90 4.73 0.00 0.00 4.90 4.73 Statement of Standalone and Consolidated Financial Results of Newgen Software Technologies Limited for the quarter and Nine months ended 31 December 2023 Notes: 1.The above financial results for the quarter and nine month ended 31 December 2023 were reviewed by the Audit Committee in their meeting held on 16 January 2024 and approved by the Board of Directors in their meeting held on 16 January 2024. Standalone and Consolidated financial results of the Company for the quarter and nine month ended 31 December 2023 are prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and relevant rules thereunder. 2.The auditors have carried out limited review of Standalone and Consolidated results of the Company for the quarter and nine month ended 31 December 2023. There are no qualifications in the Auditor's review report on these financial results. 3.Pursuant to Newgen ESOP Scheme 2022, the Board of Directors on 17 October 2023, allotted 1,13,700 shares to Newgen ESOP Trust through primary issue. 4.A Scheme of Amalgamation u/s 230-232 of the Companies Act, 2013 which provides for the merger of Number Theory Software Private Limited (NTSPL), a wholly-owned subsidiary of the Company, was filed with the Delhi Bench of National Company Law Tribunal (NCLT). NCLT through its Order dated 27th September 2023 approved the aforesaid Scheme. Upon the sanction becoming effective from the appointed date i.e. 01.04.2022 as provided under the Scheme, NTSPL stands dissolved without undergoing the process of winding up. The Company has accounted for the merger under the Pooling of Interest method retrospectively for all periods presented in the above results as prescribed in the IND AS 103- Business Combination of entities under common control. Previous periods/ year’s numbers have been accordingly restated. There are no material impact on the Standalone and Consolidated results of the Company for the current period as well as for the comparative periods. 5.Pursuant to the Board approval on 27 November 2023 and shareholder's approval on 2 January 2024, through Postal Ballot, the Company has allotted 7,00,69,401 bonus shares of INR 10/- each (fully paid up) on 13 January 2024 to the eligible members of the Company whose names appear in the Register of Members of the Company /List of Beneficial Owners as on the Record Date i.e., 12 January 2024 in the ratio of 1:1. The said bonus shares shall rank pari passu in all respects with the existing equity shares of the Company, including dividend. As a result of the bonus issue, the paid-up capital of the Company has increased to INR 14,013.88 lakhs from INR 7,006.94 lakhs. Consequent to the above increase in paid-up capital, the earnings per share (Basic and Diluted) have been adjusted for all periods presented. 6.Previous periods/years figures have been regrouped/reclassified wherever necessary to correspond with the current period/year classification/disclosure, which are not considered material to these financial results. For and on behalf of the Board of Directors of Newgen Software Technologies Limited Diwakar Nigam Chairman & Managing Director DIN: 00263222 Place: Noida Date: 16 January 2024 Geographical 2023-04-01 2023-12-31 Unaudited Consolidated 8685606000.00 329958000.00 9015564000.00 0.00 0.00 0.00 4594521000.00 29820000.00 205786000.00 2433441000.00 7263568000.00 1751996000.00 0.00 1751996000.00 379206000.00 -90588000.00 288618000.00 0.00 1463378000.00 0.00 0.00 0.00 0.00 1463378000.00 9892000.00 1473270000.00 1463378000.00 0.00 1473270000.00 0.00 698665000.00 10 10.50 10.21 0.00 0.00 10.50 10.21 Other Expenses 881330000.00 Other Expenses 2433441000.00 APAC 423714000.00 EMEA 1000037000.00 India 1112725000.00 USA 700051000.00 APAC 1057764000.00 EMEA 2818941000.00 India 2815147000.00 USA 1993754000.00 3236527000.00 8685606000.00 0.00 0.00 3236527000.00 8685606000.00 APAC 126123000.00 EMEA 276536000.00 India 254520000.00 USA 115823000.00 APAC 193611000.00 EMEA 657072000.00 India 551090000.00 USA 276897000.00 773002000.00 1678670000.00 13090000.00 29820000.00 -39945000.00 Note :- a) Unallocated assets, liabilities, revenue and expenses : Certain assets, liabilities, revenue and expenses are not specifically allocable to individual segments as the underlying services are used interchangeably. The Company believes that it is not practicable to provide segment disclosures relating to such assets, liabilities, revenue and expenses and accordingly such assets, liabilities, revenue and expenses are separately disclosed as ‘unallocated’. b) In accordance with Ind AS-108 Operating Segments and based on Management Evaluation , the Company in previous quarters used to allocate AI platforms cost related to employees of Number Theory Software Private Limited to India Segment, however, keeping in view the changes to the internal reporting, the management has allocated this cost to all the regions considering this to be a common cost. -103146000.00 799857000.00 1751996000.00 APAC 732795000.00 EMEA 1542374000.00 India 1956573000.00 USA 1616308000.00 5848050000.00 8680096000.00 14528146000.00 APAC 361846000.00 EMEA 737439000.00 India 955534000.00 USA 718616000.00 2773435000.00 641808000.00 3415243000.00 Remeasurement of defined benefit liability/(asset) -330000.00 Remeasurement of defined benefit liability/(asset) -990000.00 -330000.00 -990000.00 -115000.00 -346000.00 Debt instruments through other comprehensive income - net change in fair value -2517000.00 Exchange differences on translation of foreign operations 14309000.00 Debt instruments through other comprehensive income - net change in fair value -7367000.00 Exchange differences on translation of foreign operations 16187000.00 11792000.00 8820000.00 -586000.00 -1716000.00